Prof Peter Higgs gets a new science centre named after him

Last Updated: Friday, December 6, 2013, 00:21

A new centre for science named after Nobel laureate Peter Higgs is to be built at Edinburgh University.

George Osborne says actively considering RBS bad bank: Report

Last Updated: Saturday, October 19, 2013, 15:33

British finance minister George Osborne said his ministry was actively looking at breaking up the state-backed Royal Bank of Scotland to create a "bad bank" to house its problem loans, the Daily Telegraph newspaper reported on Friday.

British government tax advisor quits over avoidance tips

Last Updated: Saturday, September 14, 2013, 19:19

David Heaton was recorded by undercover BBC reporters at a London conference explaining to companies how to keep their money out of finance minister George Osborne's "grubby mitts".

British economy 'out of intensive care': Osborne

Last Updated: Monday, June 24, 2013, 08:56

Finance minister George Osborne has said the British economy was "out of intensive care" but that government would stick to a path of deep cuts to public spending, as he prepared to announce a fresh round of austerity.

Chidambaram's done a great for Indian economy: George Osborne

Last Updated: Thursday, May 16, 2013, 21:59

Finance Minister P Chidambaram's reform push to revive Indian economy and restore investor confidence was Thursday lauded by British Chancellor of the Exchequer George Osborne, who said he has done a great job.

Chidambaram leaves for 3 nation tour to woo investors

Last Updated: Wednesday, May 15, 2013, 17:40

In a bid to sell India story and lure overseas investments, Finance Minister P Chidambaram on Wednesday embarked on a three-nation tour to UK, France and Qatar.

UK escapes triple-dip recession, returns to growth in Q1

Last Updated: Thursday, April 25, 2013, 19:34

The UK economy avoided a triple-dip recession as the GDP grew at a faster-than-expected 0.3 percent rate in the first quarter of 2013, powered by its service sector.

Britain ready to underwrite infrastructure projects

Last Updated: Monday, September 3, 2012, 12:19

British Chancellor of the Exchequer George Osborne has said the government, in a bid to boost the country's sluggish economy, would underwrite altogether 50 billion pounds (USD 79.3 billion) of infrastructure and house building projects.

Vodafone dispute: Britain objects to India’s tax plans

Last Updated: Monday, April 2, 2012, 18:18

Batting for Vodafone, Britain on Monday said India's proposal to recover from the British telecom major Rs 11,000 crore tax for the Hutchison-Essar deal of 2007 will badly hurt the country's image among investors.

G-20 leaders mulling boost in IMF funding: Britain

Last Updated: Friday, November 4, 2011, 21:50

World leaders meeting at the G20 summit on Friday discussed boosting their funding of the International Monetary Fund to help resolve the eurozone debt crisis, Britain's finance minister said.

2011 growth forecast cut to 0.9 percent

Last Updated: Monday, October 17, 2011, 08:52

Britain's economy has stalled and will grow less than expected this year, despite the Bank of England's latest injection of 75 billion pounds to try to stimulate a faltering recovery, forecasters said on Monday.

UK launches fresh stimulus with 75 bn pound cash boost

Last Updated: Thursday, October 6, 2011, 18:29

The Bank of England will spend 75 billion pounds (USD 114.8 billion) more of newly-created money to shield Britain's economy from the euro zone debt crisis and keep a faltering recovery going, opting for an early, dramatic move to maximize the impact.