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Politics

EDF chief urges Britain to give go-ahead to nuclear plant

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LONDON The head of EDF Energy has urged the British government to approve the Hinkley Point C nuclear power project, an explicit appeal by the French energy giant ahead of a decision due within weeks.

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British economy escapes Brexit blow, for now 26 Aug 2016

LONDON Britain's high streets are heaving with shoppers despite June's shock vote to leave the European Union, big companies have reported few signs of distress and some tabloid newspapers are even talking about a post-Brexit economic boom. | Video

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Nigel Farage addresses Trump rally, bashes Clinton 25 Aug 2016

JACKSON, Miss. Nigel Farage, a key figure in the successful campaign to get Britain out of the European Union, lent his support to Republican presidential nominee Donald Trump on Wednesday, saying Trump represented the same type of anti-establishment movement that he masterminded in his own country. | Video

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Brexit campaigner Farage says to address Trump rally 25 Aug 2016

LONDON Nigel Farage, an anti-immigration politician who was a figurehead of the successful campaign to get Britain out of the European Union, intends to address a Donald Trump rally on Wednesday, a spokesman said.

Stressed pension funds urge UK to sell more inflation-proof debt 24 Aug 2016

LONDON Pension funds are pushing the British government to issue more index-linked bonds to insulate them from inflation and help cope with worrisome accounting deficits that have intensified since Britain voted in June to leave the European Union.

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Small July surplus could limit Hammond's fiscal reset for UK 19 Aug 2016

LONDON Britain's public finances showed a smaller-than-expected budget surplus in the first month after the vote to leave the European Union, potentially limiting the ability of new Chancellor Philip Hammond to give the economy a big boost later this year. | Video

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In proudly multi-cultural London, many find Brexit hard to stomach 18 Aug 2016

LONDON Ask most people in inner city London how they felt when they found out that Britain had voted to leave the European Union, and the chances are the memories are not happy ones.

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UK households recover from Brexit hit to confidence on finances, Markit says 17 Aug 2016

LONDON British households have recovered from a loss of confidence about their finances after the country voted to leave the European Union, a survey showed on Wednesday, another sign consumers are taking the referendum result in their stride.

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UK considers plan to pay households affected by fracking 07 Aug 2016

LONDON Some tax proceeds from shale gas developments in Britain could be given directly to residents, Prime Minister Theresa May said on Sunday, in a bid to help clear the path for an industry hampered for years by local opposition to fracking.

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Top BoE officials flag lower rates as surveys show trouble ahead 05 Aug 2016

LONDON The Bank of England's top two monetary policymakers said interest rates may need to fall further, as surveys on Friday sustained their view that even a "sledgehammer" stimulus will not be enough to fully counter a post-Brexit vote slowdown.