Liam Fox News
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U.K. Chancellor of the Exchequer George Osborne held firm to his austerity plan as the economy continues to stagnate, saying government spending cuts will carry on for three years after the 2015 election.
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Chancellor of the Exchequer George Osborne promised another austere budget and policies designed to mute calls for a fiscal stimulus for the U.K. economy.
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Chancellor of the Exchequer George Osborne promised another austere budget as calls to stimulate the U.K. economy became more muted, easing political pressure on the government.
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U.K. Prime Minister David Cameron rebuffed a call by his Liberal Democrat business secretary, Vince Cable, to loosen the government’s austerity program to spur economic growth.
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Prime Minister David Cameron’s strategy to get the U.K. economy growing was challenged by his Liberal Democrat business secretary, Vince Cable, and by a fellow Conservative, former Defense Secretary Liam Fox.
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Prime Minister David Cameron was urged in an opinion poll to sack Chancellor of the Exchequer George Osborne as voters question austerity measures designed to tackle the U.K.’s budget deficit.
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U.K. Prime Minister David Cameron named Transport Secretary Philip Hammond to head the Defense Ministry after Liam Fox quit. The premier also promoted Justine Greening to become the fifth woman Cabinet member.
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U.K. Prime Minister David Cameron is at risk of being outmaneuvered over European Union budget negotiations after his Labour opponents and a lawmaker in his own party called for spending to be lowered in real terms.
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Opposition Conservative defense spokesman Liam Fox said his party will renegotiate major U.K. defense contracts to save money if it wins the May 6 election.
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China is a potential military threat as it asserts its claim to natural resources and comes under strain from an ageing population, U.K. Defense Secretary Liam Fox said.
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