Topic: George Osborne
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Photos of the Day: Photos of the Day 04/05
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The Reformed Broker Is Europe backing away from austerity?
Europe's leaders may be revisiting austerity policies in the face of slow economic growth and weak public support. Will that lead to concrete changes?
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No more big banker bonuses? Europe set to crack down.
Europe's financial ministers are expected to approve new rules today that would cap bankers' bonuses at two years' salary – a move unthinkable in the years before the Lehman collapse.
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What we talk about when we talk about money
A look at the sometimes checkered vocabulary of public finance.
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On UK-EU shuffle, David Cameron claims Obama support
After a US senior diplomat says the White House hopes for strong UK-EU ties, the British prime minister tries on a different interpretation.
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Britain debates: What should European welfare look like?
The debate in Parliament, which today passed a measure to temporarily cap most welfare benefits, is part of a larger debate in Europe over how to handle welfare amid the debt crisis.
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Opinion: Love it or loathe it, the 'fiscal cliff' deal brought compromise
As unsatisfying as the bargain is in substance, its achievement reaffirms an essential element of America’s democracy – the need for compromise. That aspect of the 'fiscal cliff' deal will be needed as the US approaches the debt ceiling and debate on spending cuts and tax reform.
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Starbucks tax avoidance has Brits frothing mad (+video)
Angry over the negligible corporate taxes that Starbucks and other corporations have paid to Britain despite huge revenues, a protest group is threatening to occupy Starbucks shops on Saturday.
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Starbucks, Google, Amazon accused of 'immoral' tax avoidance
Starbucks, Google, and Amazon were among the major multinational corporations accused by lawyers of exploiting British tax laws to move UK-made profits overseas. Starbucks announced it is reviewing its tax practices in a bid to restore public trust.
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Energy Voices UK Greens' tragedy: a partial solution to warming
The world is on the cusp of dramatic reductions in greenhouse gases if China replaces coal power with shale gas. But Greens are fighting the technology to do that.
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Prospect of new wave of austerity looms over Britain
New data show Britain's tax receipts down and government borrowing up in July, prompting criticism that Cameron's Conservative government is doing 'too little, too slowly' to engineer an economic recovery.
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Boris! Mayor of London is biggest winner at London Olympics.
Boris Johnson's cheerleading of the Games has earned him legions of fans among the British public and made him the Conservative Party's favorite to replace Prime Minister David Cameron.
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Reform the UK House of Lords? For now, the nobles keep their seats
UK Prime Minister David Cameron called off a vote on fast-tracking reform of the unelected House of Lords after a group of Conservatives balked.
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Former UK PM Gordon Brown: Murdoch tabloid undermined war, personally attacked him
In an often bitter attack on the Murdoch press in testimony to Britain's media ethics inquiry, Brown directly contradicted Murdoch's claim that the then-prime minister had made an abusive phone call to the media mogul in 2009.
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Merkel says Europe ready to act as big downgrade hits Spain
Fitch slashes Spain's credit rating three notches to BBB. Germany and the rest of EU are ready to use instruments to support euro zone, Merkel says.
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Rebekah Brooks discusses links to British PM Cameron in phone hacking inquiry
Rebekah Brooks, former CEO of Rupert Murdoch's News International, talked about her relationship with British Prime Minister David Cameron and former prime minister Tony Blair in testimony Friday before the Leveson inquiry.
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In nationwide strike, British trade union workers protest pension reform
As the British government proposes reforms to public workers' pensions amid the country's economic woes, some 2 million people went on a 24-hour walkout, affecting services nationwide.
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'Eurobonds' anyone? Officials call for EU-wide fiscal policies to ease debt crisis
But that hasn't dampened calls from critics who worry that centralizing European Union fiscal policy would impinge on national sovereignty – and possibly even worsen the crisis.
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Ireland's $90 billion question: Does it need a bailout?
Ireland is set to host EU and IMF officials Thursday in ongoing talks about a bailout for the debt-stricken nation.
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Britain's budget cuts: One good step. Many more needed.
The new Conservative government outlined £81 billion in budget savings through 2015.
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The British are “manning up” – or rather, just “manning”
As the British take on a new era of austerity, are they manning up or just manning their jobs?
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UK slashes budget: Feels “like an amputation”
Like the US, the UK is massively in debt and running huge annual budget deficits. Unlike the US, the UK decided to act, slashing spending programs in a new program of 'austerity.'
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Harry Potter and the Social Security stone
Researchers claim to have found a way to extend lifespans by 12 percent. What does this mean for America's Social Security and Britain's social pensions?
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Budget cuts are cracking the West's defenses
Facing budget shortfalls, Britain and France must make difficult choices that could reshape how Western allies meet common security challenges.
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Can austerity trigger growth?
New research shows austerity can stimulate economic growth by calming bond markets, which lowers interest rates and promotes investment.
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G20 summit dilemma: Stimulate economic growth or rein in deficits?
The chief question at this weekend's G20 summit will be how to keep the world economy growing. The Europeans are cutting government spending, ignoring President Obama's call for more stimulus.
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