george osborne - updates

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Britain wins Brexit breathing space at gloomy EU summit

Jun 28, 2016 - 8:29 AM

3rd UPDATE Donald Tusk agrees to give Britain time for the dust to settle but Jean Claude Juncker warns the country does not have months to meditate

epa05395855 British Prime Minister David Cameron (L) is welcomed by European Commission President Jean-Claude Juncker (R) prior to a meeting in Brussels, Belgium, 28 June 2016. EU leaders meet in Brussels on 28 June for the first time since the British referendum, in which 51.9 percent voted to leave the European Union (EU). EPA/OLIVIER HOSLET

Brexit turmoil, Kitty Duterte, Messi’s retirement | 6PM wRap

Jun 27, 2016 - 7:31 PM

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Britain scrambles to contain Brexit turmoil

Jun 27, 2016 - 2:53 PM

UPDATED George Osborne: In my judgement we should only do that when there is a clear view about what new arrangements we are seeking with our European neighbors

British Chancellor of the Exchequer George Osborne makes a statement at the Treasury in London on June 27, 2016, following the pro-Brexit outcome of the June 23 EU referendum. Stefan Rousseau/AFP

Campaigning for EU vote resumes after MP's murder

Jun 19, 2016 - 10:30 AM

UPDATED If you re not sure don t take the risk of leaving If you don t know don t go says British Prime Minister David Cameron on the Brexit referendum

MEMORIAL. Members of the public view the floral tributes left to murdered Labour MP Jo Cox at the statue to Joseph Priestley near to the location where she was killed, in Birstall, northern England, on June 18, 2016. Oli Scarff/AFP

Flotilla protest in London as Berlin warns on Brexit

Jun 16, 2016 - 9:24 AM

Prime Minister David Cameron s government warns that leaving the European Union in the referendum on June 23 will cause such economic turmoil that tax hikes and spending cuts will quickly follow

IN VS OUT. Campaigners to remain in the EU unfurl a banner on Westminster Bridge as a bus bearing the face of UKIP leader Nigel Farage and a message urging voters to leave the EU in the upcoming referendum sits behind it as they wait for a flotilla of boats from the group 'Fishing for Leave' to sail by on the river Thames in London on June 15, 2016. Niklas Hallen/AFP

UK Treasury warns of economic costs of Brexit

Apr 19, 2016 - 3:40 PM

If Britain leaves the European Union it would cause profound economic shock and real instability says finance minister George Osborne

epa05256604 Britain's Prime Minister David Cameron leaves No. 10 Downing Street to attend a Prime Ministers questions in the Houses of Parliament in London, Britain, 13 April 2016. EPA/FACUNDO ARRIZABALAGA

UK finance minister fights back in bitter budget row

Mar 23, 2016 - 1:31 PM

Welfare cuts in the budget prompted the resignation of a top minister and unleashed vicious fighting in the Conservative Party

In this photo, British Chancellor of the Exchequer George Osborne departs 11 Downing Street with his budget box in London, Britain, March 16, 2016. Andy Rain/EPA

'Civil war' in UK govt as anti-EU minister who quit speaks out

Mar 20, 2016 - 7:51 PM

Iain Duncan Smith accuses Cameron of trying to reduce Britain s budget deficit through benefit cuts which were unfairly hurting poorer voters while protecting older richer ones

IAIN DUNCAN SMITH. A handout image from the British Broadcasting Corporation (BBC) shows former Work and Pensions Minister Iain Duncan Smith appearing on the Andrew Marr show at BBC Studios, Central London, Britain, March 20, 2016. Photo by Jeff Overs/BBC/EPA

British minister resigns over disability cuts plan

Mar 19, 2016 - 8:50 AM

Duncan Smith s resignation highlights growing divisions within Prime Minister David Cameron s Conservative Party in the run up to the June 23 referendum

RESIGNATION. Media reports on March 18 state that Iain Duncan Smith has resigned his post stating that pressure to make cuts to disablity benefits forced his decision. File photo by Will Oliver/EPA

Britain, Bill Gates to spend £3B to fight malaria

Jan 25, 2016 - 9:54 AM

Chancellor George Osborne and Gates announced £3 billion 4 28 billion 4 billion euros in funding over the next 5 years for research and to support efforts to eliminate the mosquito borne disease

Microsoft co-founder and philanthropist Bill Gates. File photo by Cole Burston/EPA

Google to pay £130 million to Britain in back taxes

Jan 23, 2016 - 6:52 PM

It follows a 6 year probe by Her Majesty s Revenue and Customs in response to controversy over low taxes paid by multinational corporations which operate in Britain but have headquarters elsewhere

Google updated logo on their campus in Mountain View, California, USA, October 30, 2015. File Photo by John G. Mabanglo/EPA

Britain's bruised Conservatives rally for re-election

Sep 29, 2014 - 9:02 AM

Britain s ruling Conservative party is rallying for re election in 2015 at its ongoing party conference overshadowed by defections to the eurosceptic UKIP and a ministerial resignation over a sex scandal

Grant Shapps, chairman of Britain's Conservative Party, makes the opening speech on day one of the Conservative Party conference in Birmingham in central England on September 28, 2014. Carl Court/AFP

Pro-UK parties plan Scottish referendum fightback

Sep 08, 2014 - 11:15 AM

Conservative British Prime Minister David Cameron will try to convince skeptics that Edinburgh would swiftly get more powers following a No vote

'NO THANKS' A Better Together campaign supporter distributes 'No Thanks' stickers outside the Birnam Highland Games in Perthshire, Scotland, on August 30, 2014. Andy Buchanan/AFP

London offers Scots new powers after independence poll shock

Sep 07, 2014 - 7:09 PM

UPDATED Finance Minister George Osborne says greater tax and spending powers would be announced in the coming days and would be implemented if Scotland votes on September 18 to remain in the 300 year old union with England

Pro-independence merchandise is displayed at the at the SNP Spring Conference at the Aberdeen Exhibition & Conference Centre in Aberdeen on April 12, 2014. Andy Buchanan/AFP

Mahatma Gandhi to stand with foes at British parliament

Jul 08, 2014 - 9:58 PM

Britain will honor India s founder with a statue in front of the parliament

Top British ministers woo India under Modi

Jul 07, 2014 - 10:48 PM

British officials arrive in India to seek stronger trade and investment ties with new Prime Minister Narendra Modi s government

SWORN IN. In this frame grab taken from Indian state television Doordarshan, Narendra Modi takes the oath of office as he is sworn in as India's Prime Minister in New Delhi on May 26, 2014. AFP PHOTO/DOORDARSHAN

Top British ministers to court new Indian PM Modi

Jul 06, 2014 - 8:27 PM

The Indian leader has raised hopes for foreign investors with his pledges to open up the stumbling economy and spur investment

NEW LEADER. Narendra Modi during a public rally in New Delhi, India on March 26, 2014. Money Sharma/EPA

Independent Scotland will be 'Northern Light' to rest of UK

Mar 05, 2014 - 9:49 AM

After Scottish independence the growth of a strong economic power in the north of these islands would benefit everyone – our closest neighbors in the north of England more than anyone

FOR A FREE SCOTLAND. Scottish First Minister Alex Salmond delivers a speech for the New Statesman lecture in London, Britain, 04 March 2014. Andy Rain/EPA

2014 year of 'hard truths' for British economy: Osborne

Jan 06, 2014 - 3:48 PM

Osborne warns of big underlying problems that need to be fixed to reduce the public deficit

HARD TRUTHS. British Chancellor of the Exchequer George Osbourne speaks during the Conservative Party Conference in Manchester on September 30, 2013. Paul Ellis/AFP Photo

Britain grabs slice of Chinese investment

Oct 21, 2013 - 11:39 AM

Britain assuages its hunger for economic ties with China after finance minister George Osborne returns from a trip to the Asian powerhouse with a range of investment deals

CHINESE INVESTMENTS. George Osborn, Chancellor of the Exchequer, can claim to have smoothed relations with the emerging economic power, China. File photo by AFP

British economy 'out of intensive care'

Jun 24, 2013 - 10:49 AM

Finance minister George Osborne says the British economy can be turned around but deep cuts to public spending remain

OUT OF THE DOLDRUMS? British economy can be turned around but austerity still key, says finance minister. File photo by AFP

Britain sticks to austerity path in budget

Mar 21, 2013 - 10:03 AM

Chancellor of the Exchequer Osborne told parliament that Britain must hold to the right track