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.
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.
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.
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.