Merkel warns Britain against European Union exit

LONDON (Reuters) - Germany's Angela Merkel on Wednesday warned Britain not to turn its back on Europe and urged its Prime Minister David Cameron to work with her to avoid deadlock at European Union budget talks later this month. The leaders met in London to try to iron out differences over the EU's 1 trillion euro (800.5 billion pounds) budget that threaten to block a deal and fuel fears that London is drifting away from the 27-nation union. ...