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Spain's big banks well capitalised, risky pockets - IMF

WASHINGTON (Reuters) - Spain's largest banks are sufficiently capitalised and profitable enough to withstand a decline in economic conditions, although a group of 10 state-supported banks are...

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Cameron urged to order Hunt inquiry

David Cameron is under pressure to order an inquiry into claims that Culture Secretary Jeremy Hunt broke ministerial rules in his dealings with Rupert Murdoch's News Corp empire.

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Olive branch: Ken offers Oona a job

Ken Livingstone tried to patch things up with his Labour rival for mayoral candidate today with an offer of a job for Oona King if he wins the elections.

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Double-dip doubted as Balls slams austerity

Economists are questioning whether Britain is really in a double-dip recession, as Labour makes the most of yesterday's news.

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Cameron hails progress on renewable energy

Britain has gone from little use of renewable energy to having it account for nearly 10 per cent of its electricity sources, the prime minister will say today at a meeting of energy ministers in London.

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Cameron sees North Sea as green energy hub

LONDON (Reuters) - Britain's North Sea has the potential to lead the world in offshore wind and carbon capture and storage technology, British Prime Minister David Cameron said as over 20 companies...

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Hague court convicts Taylor of crimes in Sierra Leone

THE HAGUE (Reuters) - A United Nations-backed court convicted former Liberian president Charles Taylor of war crimes on Thursday, the first time an African head of state has been found guilty by an...

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Analysis - U.S. demands overshadow accounting prize

LONDON (Reuters) - Shareholders and regulators have long wanted the "holy grail" of a single set of reporting standards as a bedrock for comparing performance and value of companies across the world...

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Highlights - Rupert Murdoch before UK media inquiry for 2nd day

LONDON (Reuters) - Rupert Murdoch appeared on Thursday before an inquiry delving into the power he wields over politicians and police and how far it resulted in a culture where phones could be hacked...

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Murdoch blames News of the World cover-up for phone-hacking 'failure'

Rupert Murdoch has blamed "one or two individuals" for not telling him about phone-hacking at the News of the World in his appearance at the Leveson inquiry.

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Hunt abandoned by DCMS boss

Jeremy Hunt's senior civil servant has refused to explicitly back the embattled culture secretary.

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Poll puts Boris eight points ahead as Greens overtake Lib Dems

Boris Johnson will be re-elected mayor of London on the 3rd of May, according to the latest ComRess poll.

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British bakers turn up heat on government over tax

LONDON (Reuters) - Hundreds of British bakers wearing chefs hats and carrying placards converged on Prime Minister David Cameron's official residence on Thursday to say his plan for higher sales tax on...

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Redford criticises PM's film appeal

Hollywood veteran Robert Redford has criticised David Cameron's call for the British film industry to make more commercial films.

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Trinidad wants to withdraw from Britain's Privy Council

PORT OF SPAIN (Reuters) - Trinidad and Tobago plans to stop sending appeals in criminal cases to Britain's Privy Council, a move that could make it easier for death sentences to be carried out in the...

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Murdoch lawyer accuses him of 'shameful lie'

Rupert Murdoch's lawyer said he was engaged in a personal campaign against him after he gave evidence to the Leveson inquiry today.

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Britain relaxes Myanmar trade policy

Britain will no longer discourage trade with Myanmar, Foreign Secretary William Hague said Thursday, after British Prime Minister David Cameron made a landmark trip to the former pariah state.

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Spain says S&P not taking reforms into consideration

MADRID (Reuters) - A two-notch downgrade of Spain's sovereign credit rating by Standard & Poor's does not properly take into account reforms announced by the government to reactivate the economy, a...

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Report: Most EU Aid Goes To Richer Nations

Less than half of Europe's development aid budget goes to the neediest, low-income countries, MPs have warned.

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U.S., Japan unveil revised plan for Okinawa

WASHINGTON (Reuters) - The United States and Japan announced on Thursday a revised agreement on streamlining the U.S. military presence on Okinawa that will shift 9,000 Marines from that southern...

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