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Jun 30, 2015

UK Labour faces lost decade unless trusted on economy – leader candidate

LONDON, June 30 (Reuters) – Britain’s Labour Party faces a
lost decade out of power unless it can convince voters it can
run the world’s fifth largest economy properly, Labour
leadership candidate Liz Kendall said on Tuesday.

After Prime Minister David Cameron defeated Labour’s Ed
Miliband May 7 election, the opposition party is searching a new
leader as it grapples with the reasons for its worst election
loss since 1987.

Jun 26, 2015

Cameron pitches new EU deal at summit overshadowed by Greece

BRUSSELS (Reuters) – Prime Minister David Cameron told European Union leaders on Thursday he needed a new deal to keep Britain as a member, opening a struggle over the bloc’s future at a summit preoccupied with keeping Greece from crashing out.

Freshly re-elected last month, Cameron faces difficult negotiations if he is to persuade other EU members to accept new terms for the United Kingdom before a referendum by the end of 2017 on whether Britain will stay or go.

Jun 24, 2015

British PM Cameron to pitch EU renegotiation amid Greek, migrant crises

BRUSSELS (Reuters) – Prime Minister David Cameron will pitch his renegotiation of Britain’s relationship with the European Union at a summit on Thursday as leaders of the 28-member bloc grapple with an influx of migrants and the prospect of a Greek default.

Just over 42 years since Britain first joined the precursor to the EU, Cameron is trying to win a new settlement before holding a referendum on membership by the end of 2017.

Jun 24, 2015

PM Cameron to pitch EU renegotiation amid Greek, migrant crises

BRUSSELS, June 25 (Reuters) – Prime Minister David Cameron
will pitch his renegotiation of Britain’s relationship with the
European Union at a summit on Thursday as leaders of the
28-member bloc grapple with an influx of migrants and the
prospect of a Greek default.

Just over 42 years since Britain first joined the precursor
to the EU, Cameron is trying to win a new settlement before
holding a referendum on membership by the end of 2017.

Jun 24, 2015

British queen charms Europe’s ‘summit queen’ on eve of EU negotiation

BERLIN/BRUSSELS (Reuters) – On the eve of Britain’s bid to renegotiate its European Union membership, Queen Elizabeth charmed Germany’s Angela Merkel, Europe’s most powerful leader, who Prime Minister David Cameron hopes will help him strike an EU reform deal.

Cameron, who won an unexpectedly decisive victory in a national election last month, has promised to recast Britain’s relationship with the 28-member bloc and hold a referendum on membership by the end of 2017.

Jun 12, 2015

‘Brexit’ threatens London but don’t expect a stampede: City boss

LONDON (Reuters) – A British exit from the European Union would gradually sap the world’s financial capital of wealth and power but there would be no stampede of bankers and traders to rival centers, the City of London’s policy chief told Reuters.

Prime Minister David Cameron, who won an unexpectedly decisive victory in a general election last month, has promised to renegotiate Britain’s relationship with the 28-member EU and hold a referendum on membership by the end of 2017.

Jun 10, 2015

JPMorgan warns Brexit could trigger Scottish independence vote

LONDON (Reuters) – If Britain votes to leave the European Union in a referendum, Scottish nationalists would push for another independence vote as the world’s fifth-largest economy grappled with exiting the EU, JPMorgan said in a research note.

Cameron, whose Conservative party won a surprise majority in a general election last month, has promised to renegotiate Britain’s EU relationship and hold a referendum on membership by the end of 2017.

Jun 1, 2015

Ally of Germany’s Merkel: Britain’s EU treaty change plan is unrealistic

LONDON (Reuters) – An ally of German Chancellor Angela Merkel said on Monday it would be unrealistic for British Prime Minister David Cameron to expect to achieve changes to European Union treaties before the country holds a referendum on its membership of the bloc.

The comments come days after Cameron, who has said treaty change is needed to reform Britain’s EU ties ahead of a vote by the end of 2017, embarked on a tour of European capitals to discuss his plans with key EU leaders.

May 28, 2015

Britain’s pro-Europeans prepare ‘Yes’ campaign group: sources

LONDON (Reuters) – Supporters of Britain’s membership of the European Union will create a new group shortly to run the “Yes” campaign for a referendum Prime Minister David Cameron has promised by the end of 2017, four sources familiar with the plan told Reuters.

The new group aims to focus the efforts of disparate pro-Europeans who fear a British exit from the 28-nation bloc it joined in 1973 would diminish London’s clout, hammer the world’s fifth largest economy and trigger a new crisis in the EU.

May 9, 2015

Cameron savors shock triumph in British election

LONDON (Reuters) – British Prime Minister David Cameron swept to a stunning election victory on Friday, confounding forecasts that the vote would be the closest in decades and winning a clear majority that left his Labour opponents in tatters.

The sterling currency, bonds and shares surged on a result that reversed near-universal expectations of an inconclusive “hung parliament”, in which Cameron would have had to jockey for power with Labour rival Ed Miliband.