Politics

UK public finances improve in November, helped by forex fines

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LONDON - Britain's public finances improved in November helped by fines paid by banks for a foreign exchange scandal, giving some respite to Chancellor George Osborne as he tries to show voters he can keep on bringing down the deficit.

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Consumer confidence slides to nine-month low in December - GFK 19 Dec 2014

LONDON - British consumer morale edged down in December to reach its weakest level since March as optimism about the economy hit a 17-month low, a survey by polling company GfK showed on Friday.

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UK house prices growth to slow in 2015 - RICS 19 Dec 2014

LONDON - British house price growth is expected to slow next year as tighter mortgage rules and affordability constraints continue to bite in much of the country, the Royal Institution of Chartered Surveyors (RICS) said on Friday.

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UK gives Falklands medal for Argentine war role, hails Thatcher memorial 18 Dec 2014

LONDON - Prime Minister David Cameron on Thursday hailed plans to erect a memorial to Margaret Thatcher in the contested Falkand Islands and announced Britain would be giving the British Overseas Territory a medal for its role in a 1982 war with Argentina.

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EU court says British visa rule illegal 18 Dec 2014

BRUSSELS - Britain should scrap entry visas for some non-Europeans, the EU's top court said on Thursday in a ruling immediately seized upon by the anti-immigration UKIP party as ammunition against Prime Minister David Cameron.

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Centrifugal forces tear British political certainty apart 17 Dec 2014

LONDON - Rising support for nationalist and single-issue parties is threatening to plunge Britain into unaccustomed political instability after national elections five months from now.

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Earnings recovery might not help Cameron much before vote 17 Dec 2014

LONDON - The wages of British workers are rising and inflation is tumbling, but a turnaround in living standards may prove to be too little, too late for Prime Minister David Cameron as national elections approach.

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Cameron's plans to shake up lawmaking worry his rivals 16 Dec 2014

LONDON - Britain's two main political parties accused each other on Tuesday of putting the future of the nation at risk as they drew battle lines over how to reform the constitution after Scotland's failed bid for independence.

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UK inflation falls sharply in November to 12-year low 16 Dec 2014

LONDON - British inflation fell unexpectedly to its lowest level in more than 12 years in November, further easing a squeeze on consumers and leaving the Bank of England under no pressure to raise interest rates soon.

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Government seeks to lock in budget goals as election nears 15 Dec 2014

NEW YORK/POOLE, England - Britain's government promised on Monday to put its ambitious budget targets on a more formal footing, in a largely political move by Conservative Chancellor George Osborne to embarrass the opposition Labour party.