Trade gap narrows in June as exports gather pace
LONDON - Britain's goods trade deficit with the rest of the world narrowed more than expected to a four-month low in June after exports rose more than four times faster than imports.
Cameron says coalition will defy doubters
LONDON - Britain's ruling coalition partners have a "common agenda" to rebuild the economy and will not be distracted by critics who say the alliance has no chance of lasting, Prime Minister David Cameron said on Friday.
Pound slips on debt concerns and politics
LONDON - The pound slipped against the dollar on Friday on concerns over potential political tensions and how the new government would tackle Britain's massive debt.
New 'green' govt to cut its CO2 by 10 pct
LONDON - The government will cut its emissions of climate-warming carbon by 10 percent in the next 12 months, while speeding up the wider move to a low-carbon economy, the new Prime Minister David Cameron said on Friday.
Europe ties could strain new coalition government
LONDON - The new government is likely to foster strong and possibly even better ties with the United States, but its attitude to Europe could strain Britain's first coalition government since 1945.
New government and EU set to clash over hedge funds
LONDON - Britain's new coalition government faces its first brush with the European Union next week as the bloc's finance ministers are on course to back tough new rules on hedge funds against UK wishes.
BA and Virgin oppose government air tax reforms
LONODN - British Airways and Virgin Atlantic said plans by the new coalition government for a new plane tax were unworkable and could financially disadvantage Britain's travel industry.
London 2012 Olympics funding not protected from government cuts
LONDON - Funding for the London 2012 Olympics will not be protected from government spending cuts needed to bring the record public deficit under control, Culture and Sport Minister Jeremy Hunt said.
Samantha Cameron goes part-time at work
- Samantha Cameron announced on Thursday she was stepping down from her full-time role with a luxury goods company after her husband David became prime minister this week.
New government gives itself 5 percent pay cut
LONDON - The new coalition government cut its own pay by five percent on Thursday in a sign of the tough medicine the country faces to bring down a record budget deficit.
VIDEO & PICTURES
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Getting down to business
The new coalition government starts work to tackle the fallout from Britain's worst recession since World War Two. Video
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Cameron and Clegg news conference
Prime Minister David Cameron and his deputy Nick Clegg admit they are taking risks by forming Britain's first coalition government in decades. Video
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New cabinet unveiled
The key ministers of the new coalition government have been announced. Slideshow
Press round-up – April 11
ABI warns over Barclay's pay deal Shareholder unease about the pay deals granted to bosses at Barclays intensified on Tuesday as a leading group of big UK institutional investors flagged its concerns about the bank's pay policy ahead of its annual meeting in a fortnight. (FT)
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