U.K. Chancellor of the Exchequer George Osborne has lost the support of a group of economists who wrote an open letter before the last general election supporting his fiscal squeeze, the New Statesman reported.
Nassim Nicholas Taleb , author of “The Black Swan,” said British Prime Minister David Cameron is “the only thing we have left” to build a more robust economy, in an interview with the New Statesman magazine.
U.K. Prime Minister David Cameron will urge his Conservative Party to stick to its current course today after lawmakers raised doubts about his leadership and senior ministers openly questioned spending plans.
Prime Minister David Cameron rejected suggestions that cutting taxes or increasing government expenditure would help Britain’s struggling economy, saying the risk of higher interest rates is too great.
British actor Hugh Grant, the star of the romantic comedy “Four Weddings and a Funeral,” sued London’s Metropolitan Police, two months after he said he taped a former tabloid journalist saying phone hacking was widespread.