LONDON, Nov 14 - The role of the company created by the British government to oversee its stakes in banks part-nationalised during the financial crisis will be "to manage the taxpayer's investments, not to manage...
LONDON, Nov 14 - The role of the company created by the British government to oversee its stakes in banks part-nationalised during the financial crisis will be "to manage the taxpayer's investments, not to manage...
LONDON, Oct 13 - Britain could pump more than 40 billion pounds ($69 billion) into four troubled major banks and take big stakes as part of a recapitalisation due to be unveiled on Monday, sources...
The rule laid out by Brown when chancellor in 1997 sets out that borrowing must be strictly limited to ensure that Britain's total public sector debt never exceeds 40%of national income...
LONDON, Nov 10 - British Prime Minister Gordon Brown said on Tuesday banks must be made to act responsibly but that a levy on transactions was only one possible way of achieving this. Brown floated,...
LONDON, Nov 10 - British Prime Minister Gordon Brown said on Tuesday banks must be made to act responsibly but that a levy on transactions was only one possible way of achieving this. Brown had...
ST ANDREWS, Scotland, Nov 7 - World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding resistance to a global...
ST ANDREWS, Scotland, Nov 7 - World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding resistance to a global...
ST ANDREWS, Scotland, Nov 7 - A tax on financial transactions to fund future bank bailouts should be considered with urgency, British Prime Minister Gordon Brown said on Saturday, a significant departure from London's line...
LONDON, Nov 3 - Forced to plough another 30 billion pounds ($49 billion) into the country's banks on Tuesday, British finance minister Alistair Darling said the latest cash boost would in the end secure a...