Abigail thomas

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ECB board member: Euro zone recovery 'is clearly there,' but governments must now make sure it sticks

"The eurozone recovery is clearly there. Growth is coming back, all business and household confidence indicators are pointing upwards. And the good news is that this recovery is rooted in domestic demand and in consumer spending in particular," Coeure told AFP in an interview.<p>For the time being, …

Bank of England upbeat on euro zone, eyes inflation pressures - minutes | Reuters

LONDON (Reuters) - Bank of England policymakers struck a more bullish tone on the euro zone and the prospects for higher inflation in their latest set of policy minutes on Wednesday, pushing sterling higher, though a rate rise still appears some way off.<p>Pedestrians walks under an arch opposite the …

Bank of England

David Cameron falters on living wage question in Radio 1 interview

David Cameron was unable to specify what the living wage is when he was questioned by young people as part of a Radio 1 Newsbeat interview. The prime minister was asked by an audience member if he could live off the minimum wage – £6.50 an hour – as part of a discussion about low pay, but stumbled …

Elections

​First Chinese state-owned company announces bond default

The company said it won’t be able to pay interest on the bonds by Tuesday, April 21. However, it will continue to raise funds for debt repayment in …

UK supermarkets face possible probe over pricing practices | Reuters

LONDON (Reuters) - Britain’s embattled supermarkets face a possible probe by competition regulators after UK consumer watchdog Which? demanded an investigation into grocers’ pricing practices.<p>Which? said on Tuesday it had made a “super-complaint” to the Competition and Markets Authority (CMA) after …

Customer Service

​Brussels scuppers Cameron’s EU referendum pledge

European Commission head Jean-Claude Juncker has ruled that no treaty negotiations on the UK’s EU membership will take place until two years after Prime Minister David Cameron’s proposed referendum date.<p>“<i>No treaty change proposals are envisaged until after November 2019, the end of Mr Juncker’s</i> …

Opinion: As Europe and Greece get worse, invest more

The investment case for buying Greek equities does not rest on the hope that its economy will outperform the world’s much stronger economies, such as …

How much of the Conservatives' 2010 election manifesto was implemented?

What happened to Labour's 2010 election manifesto?<p>Read more<p>The Conservative manifesto was launched on 13 April 2010, as “An invitation to join the government of Great Britain”. The notable thing about the document is the absence of promises about most of the major policies that the coalition ending …

United Kingdom

Green party manifesto calls for peaceful political revolution to end austerity

The Green party will launch its manifesto calling for a “peaceful political revolution” to end austerity.<p>The document will be unveiled jointly on Tuesday by party leader Natalie Bennett and Caroline Lucas, Green candidate for Brighton Pavilion and former party leader, who is considered a more …

United Kingdom

China-led AIIB will be lean, clean and green - official | Reuters

BEIJING (Reuters) - The China-led Asian Infrastructure Investment Bank (AIIB) will be lean, clean and green, its interim chief said, playing down concerns over transparency and standards governing the institution.<p>The $50 billion bank, expected to start operations by the end of the year, is …

China

Ahead of election, Cameron pledges to cut inheritance tax from 2017 | Reuters

LONDON (Reuters) - David Cameron has promised to cut inheritance tax so that parents will be able to pass on a family home worth up to 1 million pounds to their children without paying the tax, The Sunday Times reported.<p>Britain's Prime Minister David Cameron speaks during a question and answer …

Inheritance

The last thing the ECB wants to do is pull the plug on its bond-buying spree too soon

Analysts say ECB chief Mario Draghi is expected to give short shrift to any suggestion of a premature end to the quantitative easing (QE) programme, the long-awaited and controversial gambit launched by the central bank last month.<p>Amid ongoing uncertainty about cash-strapped Greece, the first …

The bullying behind the SNP's smiles

Scots separatists' leaders may present a respectable face to voters but at grassroots level some members are less genial<p>Margaret Curran, the shadow Scottish secretary, is knocking on doors in her efforts to be re-elected as Labour MP for Glasgow East. But there’s an addition to the usual campaign …

Tories pledge inheritance tax cut for millions

Chancellor George Osborne and Prime Minister David Cameron promise to take the family home out of the controversial death duty by raising the inheritance tax threshold to £1million if they win May's General Election<p>David Cameron has announced a radical plan to cut inheritance tax, with a landmark …

Big TV debate of British election campaign yields no clear winner | Reuters

SALFORD, England (Reuters) - The main TV debate of Britain’s national election campaign yielded no clear victor with four opinion polls producing four different winners, but David Cameron’s attempt to appear the most statesman-like appeared to have paid off.<p>(L-R) Natalie Louise Bennett the leader …

United Kingdom