Politics

Ex-Murdoch reporter escapes jail over UK phone-hacking crimes

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LONDON - A former tabloid reporter who admitted hacking hundreds of phones to find stories for two Sunday newspapers was spared jail on Thursday for helping secure the conviction of Prime Minister David Cameron's ex-media chief Andy Coulson.

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Poll shows UK homeowner confidence stalls for first time in 18 months - YouGov 12:05am BST

LONDON - One measure of consumer confidence in Britain stalled for the first time since December 2012 this month as fewer people expect house prices to rise, a survey by polling company YouGov showed on Thursday.

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Lawmakers criticise UK arms sales to Russia; Cameron pledges no new exports 23 Jul 2014

LONDON - Lawmakers on Wednesday queried why Britain had granted licences to sell tens of millions of pounds worth of arms to Russia, embarrassing Prime Minister David Cameron, who has called for a Europe-wide ban on such sales because of the Ukraine crisis.

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Britain plans new laws to prevent female genital mutilation 23 Jul 2014

LONDON - Britain will introduce new laws to combat female genital mutilation (FGM) including making it compulsory for teachers and health workers to report cases, Prime Minister David Cameron said on Tuesday.

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MPs criticise UK arms sales to Russia as Cameron pledges no new exports 23 Jul 2014

LONDON - MPs on Wednesday queried why Britain had granted licences to sell tens of millions of pounds worth of arms to Russia, embarrassing Prime Minister David Cameron, who has called for a Europe-wide ban on such sales because of the Ukraine crisis.

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Britain plans new laws to prevent female genital mutilation 22 Jul 2014

LONDON - Britain will introduce new laws to combat female genital mutilation (FGM) including making it compulsory for teachers and health workers to report cases, Prime Minister David Cameron said on Tuesday.

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UK June public finances show government slipping off target 22 Jul 2014

LONDON - Britain's public finances showed a bigger than expected deficit in June, continuing a weak start to the tax year and leaving Chancellor George Osborne with a lot of catching up to do to meet his fiscal goals.

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Three new non-executive directors to join Bank of England 22 Jul 2014

LONDON - Three new non-executive directors have been appointed to the Bank of England's governing body, Britain's finance ministry said on Monday.

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UK offers more workers choice to cash in pension savings 21 Jul 2014

LONDON - Britain will give more workers a choice to cash in their pension savings, the government said on Monday, expanding reforms set out earlier this year that hit insurers' share prices.

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Britain to detail pensions overhaul with tax, annuity reforms 21 Jul 2014

LONDON - Britain will on Monday publish new rules for the pensions industry giving retirees greater access to their savings and free financial advice, fleshing out reforms announced earlier this year that shook the share value of British insurers.

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UK banks have much to fear from latest probe

Britain’s top antitrust watchdog has warned lenders to expect a full-blown competition investigation. Forced divestments would be a surprising outcome. But given the persistence of concern in spite of past probes, investors should brace for radical, profit-sapping remedies.