Europe Recession in UK deepens Figures released today by the Office for National Statistics (ONS) showed that theUK’s economic output fell by 0.7% in Q2 this year. This contraction is bigger than expected, and was at...
Europe Rich should pay more tax – Nick Clegg Nick Clegg, the leader of Britain’s junior coalition party and deputy prime minister, has suggested in an interview with the Guardian newspaper that the rich should be asked t...
Europe Pakistani girl shot by Taliban travels to UK for treatment Malala Yousafzai, the 14-year-old Pakistani girl shot by the Taliban last week for her pro-education campaigning, is being flown to the UK for medical tre...
Europe EU unveils vision for future of monetary union Ahead of Thursday’s EU summit, European authorities have released a document spelling out their vision for the future of monetary union. It includes the creation of a Eu...
Europe Standard Chartered shares crash after allegations of laundering with Iran Shares in Standard Chartered have fallen 15% in early London trade this morning despite the bank’s denial that it illegally “schemed”...
Latin America Belize at risk of debt default Belize is in danger of defaulting on its national debt after it missed a $23m bond payment, which was due on Monday. The government has the rest of a 30-day grace period to ...
Europe Athletes arriving in London for Olympics With 11 days to go until the Olympic Games are to start, thousands of athletes and officials have begun arriving at London’s Heathrow airport, which is expecting its busiest day...
Europe Spanish recession deepens, but borrowing costs fall Official figures show a contraction of 0.4% inSpain’s GDP for the second quarter of the year. This shows the country’s recession deepening as it follows ...