Politics

UK takes 1 billion pounds hit in RBS sell-off

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LONDON - Britain took a 1.1 billion pound loss on its first sale of shares in Royal Bank of Scotland (RBS) on Tuesday, sparking accusations of poor timing from opposition politicians. | Video

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'Bearded voter-repellent' or cure for 'virus'? Leftist shakes up Labour 10:49am BST

LONDON - Reeling from their worst defeat in decades, senior figures in the Labour Party want to tack to the centre to win back voters, but party activists are rallying behind a leftist stalwart who says it is time to get radical.

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UK house prices edge up in July - Nationwide 9:22am BST

LONDON - British house prices rose last month after a fall in June and appear to be stabilising at close to the long-term pace of earnings growth which could encourage more home-building, mortgage lender Nationwide said on Tuesday.

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Calais crisis hardens tone of Britain's immigration, EU debate 03 Aug 2015

LONDON - Dramatic images of migrants storming the Channel Tunnel from France have prompted Prime Minister David Cameron's government to ramp up anti-immigration rhetoric and spurred Eurosceptics to amplify calls for Britain to quit the European Union.

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Seven years after bailout, Britain starts RBS sell-off with 2 billion pounds stake sale 03 Aug 2015

LONDON - Britain started the sale of a 2 billion pounds stake in Royal Bank of Scotland (RBS) on Monday, beginning the disposal of its holding in the bank seven years after a multi-billion pound bailout at the height of the financial crisis.

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Lloyds shareholders question government's sale plan 03 Aug 2015

LONDON - Shareholders in Britain's Lloyds Banking Group are calling on the government to rethink plans to sell down its stake in the lender to ensure taxpayers get the best deal.

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Lloyds shareholders question government's sale plan 02 Aug 2015

LONDON - Shareholders in Britain's Lloyds Banking Group are calling on the government to rethink plans to sell down its stake in the lender to ensure taxpayers get the best deal.

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Labour Party local groups endorse left-winger for leader 01 Aug 2015

LONDON - The Labour Party moved a step closer to selecting a leader from its left wing on Saturday, after surprise contender Jeremy Corbyn received the backing of more local party groups than any other candidate.

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Cameron draws up plan to help tackle Calais migrant crisis 01 Aug 2015

LONDON - Prime Minister David Cameron drew up plans to help France tackle a spike in attempts by migrants to enter Britain illegally via the Channel Tunnel, but warned there was no quick fix. | Video

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Cameron draws up plan to help tackle Calais migrant crisis 31 Jul 2015

LONDON - Prime Minister David Cameron drew up plans to help France tackle a spike in attempts by migrants to enter Britain illegally via the Channel Tunnel, but warned there was no quick fix. | Video