LONDON - German leader Angela Merkel has said she will not back restrictions on the freedom of workers to move around the European Union, potentially derailing plans of British Prime Minister David Cameron, a newspaper reported.
LONDON - The Bank of England should begin raising interest rates now, because spare capacity in Britain's fast-recovering economy could be used up by the middle of next year, adding to inflation pressures, a Bank policymaker said in a Sunday newspaper.
LONDON - The head of Britain's opposition Labour party in Scotland has unexpectedly quit, further unsettling the party in one of its heartlands and posing a new problem for leader Ed Miliband ahead of national elections in May next year.
BRUSSELS - In a vivid display of fury at European Union technocrats, British Prime Minister David Cameron refused to pay a surprise 2.1-billion-euro (1.65 billion pounds) bill on Friday as EU leaders ordered an urgent review of the calculations used. | Video
NEW YORK - Tesco Plc has been hit with a proposed class action lawsuit in the United States by investors over accounting irregularities at Britain's largest retailer.
KIGALI - Rwanda has suspended the BBC's local radio service after the broadcaster aired a documentary that questioned official accounts of the 1994 genocide, the Rwanda Utilities Regulatory Authority said on Friday.
LONDON - Britain's regulator told banks this week they must use a stricter measure of how they measure capital under a health check of lenders that will be released on Sunday, people familiar with the matter said.
LONDON - Britain still looks on track to outpace other advanced economies this year after rapid growth eased only slightly in the three months to September, but a euro zone slowdown could hamper the recovery in the run-up to next May's election.
LONDON - A British union has rejected a final pay offer from Jaguar Land Rover and will ballot workers in the first stage towards possible strike action, a trade union source with direct knowledge of talks with the firm told Reuters on Friday.
- Rebekah Brooks, the former head of News Corp's British newspaper division who was at the centre of a phone hacking scandal, is visiting New York this week, exploring possible jobs, a company spokesman said on Friday.