Cameron launches EU reform drive, admits will not be easy


RIGA - British Prime Minister David Cameron said on Friday he was confident of winning concessions from European Union leaders before he asks voters whether Britain should stay in the bloc.

Factbox - Britain's EU demands, and how they might be handled 22 May 2015

RIGA - David Cameron met his EU counterparts on Friday for the first time since his re-election two weeks ago ensured that Britain will have a referendum in the next couple of years on quitting the bloc.


UK public finances improve more than expected in boost for Osborne 22 May 2015

LONDON - Britain's public sector budget deficit narrowed more than expected in April, giving Chancellor George Osborne a boost as he renews his push to fix the country's public finances.


Cameron to hold first talks with EU leaders on reform demands 22 May 2015

RIGA - Newly re-elected Prime Minister David Cameron will have his first talks with other European Union leaders on Friday on reforms he is seeking to the EU before holding a referendum by 2017 on Britain's membership of the bloc.


Cameron sets immigration red line ahead of EU summit 21 May 2015

LONDON - Prime Minister David Cameron said on Thursday restricting European Union migrant access to Britain's welfare system was a red line in his negotiations with the bloc, ahead of an EU summit he wants to use to launch informal talks on the issue.


Net migration to UK reaches highest level since 2005 - official data 21 May 2015

LONDON - Net migration to Britain reached 318,000 in 2014, its highest level since 2005, official data showed on Thursday, a political setback for Prime Minister David Cameron who has pledged to reduce the figure to less than 100,000 annually.


Osborne warns that EU is sleepwalking out of global economy 20 May 2015

LONDON - The European Union risks pricing itself out of the global economy by excessive regulation, Chancellor George Osborne said on Wednesday, making the case for reforms in the bloc ahead of a referendum on whether Britain remains a member.


Government to streamline sale of banking assets, address low productivity 20 May 2015

LONDON - Chancellor George Osborne will set out plans on Wednesday to streamline the sale of 23 billion pounds of bank shares and other publicly owned assets by creating a new government-run company.


After bloodletting, UKIP says united to push for EU exit 20 May 2015

LONDON - The leader of the UK Independence Party said on Wednesday it was united and ready to campaign for Britain to leave the European Union as he tried to draw a line under a period of post-election turmoil.


UK inflation negative for first time since 1960; BoE says temporary 19 May 2015

LONDON - Britain's annual rate of consumer price inflation fell below zero for the first time in more than half a century, official figures showed on Tuesday, though Bank of England Governor Mark Carney said the dip was likely to be brief. | Video