BRITISH ECONOMY

  • Cameron says Thatcher made Britain great, others snub her April 11, 2013

    London: British Prime Minister David Cameron delivered an emotional tribute to Margaret Thatcher in parliament on Wednesday, but political opponents boycotted the debate on her legacy, underlining how divisive a figure she remains even in death. MPs were recalled from their holidays for the first time for the death of a...
  • UK slides back into recession April 25, 2012

    London: Britain's economy is in its second recession since the financial crisis, data showed on Wednesday, heaping pressure on Prime Minister David Cameron's coalition government as it battles a series of political embarrassments. The unexpected contraction in the first three months of 2012 a 0.2 per cent dip in gross...
  • London rioters point to poverty and prejudice August 10, 2011

    New Delhi: Just yards from the east London street where riots erupted on Monday stands a house for sale that sums up the depth of division in the area. With five bedrooms, three bathrooms and its own coach house, the elegant property has been put up for sale with an asking...
  • Royal wedding to be burdensome for British April 29, 2011

    London: The fairytale wedding of Prince William and Kate Middleton might well result in a huge financial burden on the sluggish British economy, with costs estimated to be billions of pounds. Going by estimates from various agencies as reported by the media in London, the wedding could cost the public exchequer...
  • Britain's economy depends on migrants August 24, 2006

    London: Britain's economy is dependent on hundreds of thousands of migrants from east Europe and elsewhere because Britons are lazy, picky and illequipped to take on jobs, a top business leader said in London. Digby Jones, former director general of the Confederation of British Industry (CBI), said Britain was increasingly relying...