Last Updated: Tuesday, May 12, 2015, 23:50
Britain has cut its stake in state-rescued Lloyds Banking Group to just under 20 percent after offloading another chunk of shares, the government said Tuesday.
Last Updated: Friday, March 20, 2015, 10:47
Corporations linked to offshore tax evasion by investors in Britain will face criminal sanctions under government plans unveiled Thursday, a month after an international scandal over tax-dodging in Switzerland.
Last Updated: Friday, March 13, 2015, 14:16
Britain said it has sought to become a founding member of the Asian Infrastructure Investment Bank (AIIB), making it the first Western nation to embrace the China-backed institution, but the United States reacted frostily to the development.
Last Updated: Friday, March 6, 2015, 15:30
Britain is looking to sell the Royal Bank of Scotland as quickly as possible, Chancellor George Osborne has told the Financial Times.
Last Updated: Tuesday, February 24, 2015, 21:57
The OECD group of leading economies on Tuesday approved Britain`s running of the economy but warned about growing inequality, in a boost for Prime Minister David Cameron as elections loom.
Last Updated: Monday, February 23, 2015, 13:52
The Treasury announced in a statement that the sale has trimmed the government`s stake from 24.9 percent to just under 24 percent.
Last Updated: Wednesday, December 3, 2014, 23:49
The British government Wednesday slapped a new tax rate on multinational companies that seek to avoid paying their fair share to Treasury coffers.
Last Updated: Wednesday, December 3, 2014, 22:31
British finance minister George Osborne said he would make it cheaper for families to travel by scrapping an air travel tax charged for children, prompting airlines to call on him to go further and also abolish the levy in its entirety.
Last Updated: Wednesday, December 3, 2014, 19:08
Britain is to pay back all of its World War I debts, worth some 1.9 billion pounds through a refinancing deal involving the issue of new bonds, finance minister George Osborne said Wednesday.
Last Updated: Friday, January 17, 2014, 15:21
British Finance Minister George Osborne said he backed an above-inflation rise in the minimum wage to support the fragile economic recovery.
Last Updated: Wednesday, January 15, 2014, 17:42
British Finance Minister George Osborne Wednesday warned the European Union that it was falling behind India and China and must reform to halt the bloc's decline.
Last Updated: Monday, January 6, 2014, 16:34
British finance minister George Osborne warned Monday that the government needs to find an extra £25 billion (USD 41 billion, 30 billion euros) of painful cuts after next year`s general election.
more videos >>
