Politics

Bank of England sets out new leverage rules for banks

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LONDON - British lenders may have to hold more capital to guard against risks of bad loans and other losses in the latest move by the Bank of England to reduce the chances of banks needing public bailouts.

Scottish Labour Party deputy leader Anas Sarwar quits - The Scotsman 30 Oct 2014

- Anas Sarwar has quit his role as deputy leader of the Scottish Labour party to allow the new leadership team to be 'focused on the Scottish Parliament', the Scotsman reported.

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Labour faces collapse in support in Scotland - poll 30 Oct 2014

LONDON/EDINBURGH - Britain's opposition Labour party could be almost wiped out in Scotland at a UK-wide election next year, a poll showed on Thursday, raising questions about its ability to defeat Prime Minister David Cameron's Conservatives.

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UK outlines new legal powers for Bank of England to regulate mortgages 30 Oct 2014

LONDON - Britain's government published proposals to give the Bank of England new legal powers to control residential mortgage lending on Thursday, but said it wanted more evidence before deciding on a BoE request to regulate lending to landlords.

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Britain confident of reducing 2.1 billion euro EU bill - Osborne 30 Oct 2014

LONDON - Britain is confident it can get its 2.1 billion euro (1.6 billion pounds) bill from the European Union reduced, Chancellor George Osborne said.

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PM Cameron appeals to Qatar emir for more investment 30 Oct 2014

LONDON - Prime Minister David Cameron on Wednesday urged Qatar to plough more of its vast oil and gas wealth into infrastructure projects across Britain during an official visit from the Gulf state's emir.

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PM Cameron appeals to Qatar emir for more investment 29 Oct 2014

LONDON - Prime Minister David Cameron on Wednesday urged Qatar to plough more of its vast oil and gas wealth into infrastructure projects across Britain during an official visit from the Gulf state's emir.

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Cameron rejects giving Scotland veto in EU referendum 29 Oct 2014

LONDON/EDINBURGH - Prime Minister David Cameron rejected on Wednesday a proposal by the Scottish National Party (SNP) that the United Kingdom should only quit the European Union after a future referendum if a majority in each of its four constituent parts vote to do so.

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Cameron's bid to guarantee EU referendum fails 29 Oct 2014

LONDON - Prime Minister David Cameron's hopes of enshrining into law his promise of a referendum on European Union membership have collapsed after MPs said late on Tuesday that his Liberal Democrat coalition partners had blocked the legislation.

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In blow to Cameron, MPs criticise UK's immigration 'mess' 29 Oct 2014

LONDON - Britain's border and immigration system is a "mess", MPs said on Wednesday in a report which will increase pressure on Prime Minister David Cameron's government to take a tougher line on migrants ahead of next year's national election.