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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.

May 8, 2015

Cameron sweeps to unexpected triumph in British election

LONDON (Reuters) – Prime Minister David Cameron won a stunning election victory in Britain, confounding poll predictions that the vote would be the closest in decades to sweep into office for another five years with a clear majority and 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.

May 6, 2015

United Kingdom votes in most unpredictable election in decades

LONDON (Reuters) – British voters get to decide on Thursday who they want to rule the world’s fifth-largest economy in a tight election that could yield weak government, propel the United Kingdom towards a vote on EU membership and stoke Scottish desire for secession.

Prime Minister David Cameron’s Conservatives and Ed Miliband’s opposition Labour Party have been neck and neck in opinion polls for months, indicating neither will win enough seats for an outright majority in the 650-seat parliament.

May 3, 2015

In battle for Britain’s top job, Labour’s ‘Red Ed’ sharpens his image

LONDON, May 3 (Reuters) – If Ed Miliband is to win power, he
must pull off one of the most striking metamorphoses of recent
British elections: convince millions of voters that “Red Ed”, a
self-confessed socialist geek, can be trusted to lead the
world’s fifth largest economy.

In a change that has confounded Prime Minister David
Cameron’s Conservatives, Miliband has already shed some of his
social awkwardness and pitched a resilient, more human face,
even laughing at some of his own imperfections.

Apr 26, 2015

Rupert Murdoch says Scottish self rule inevitable ‘in next few years’

LONDON, April 26 (Reuters) – Scotland is likely to win self
rule in the next few years while the economic divide between the
international powerhouse of London and the rest of the United
Kingdom will deepen, media tycoon Rupert Murdoch said on Sunday.

Murdoch, whose global media interests stretch from movies to
newspapers that claim to turn elections, visited Scotland on the
eve of the Sept. 18 independence referendum last year and
praised the country of 5 million people for its lively debate.

Apr 7, 2015

Scottish nationalists raise prospect of another independence vote after 2016

LONDON (Reuters) – Just a month before the most unpredictable British election in a generation, Scottish nationalist leader Nicola Sturgeon raised the prospect of another independence referendum after 2016 that could break apart the United Kingdom.

Though Scots voted to stay part of the United Kingdom in a Sept. 18 referendum, support for the Scottish National Party (SNP) has surged before a UK-wide general election on May 7.

Mar 16, 2015

Britain’s Labour Party rules out coalition with Scottish nationalists

LONDON (Reuters) – Britain’s opposition Labour Party ruled out forming a coalition government with the Scottish National Party (SNP) after a May 7 national election, a tactical move it hopes will resurrect its flagging fortunes in Scotland and calm nervous English voters.

Since Scots voted by 55-45 percent to preserve the United Kingdom in a referendum last year, support for the SNP has surged, largely at the expense of Labour, on a perception that Britain’s rulers are backsliding on pledges to grant Scotland more powers.

Mar 11, 2015

Balls says Labour wants financial services to flourish

LONDON (Reuters) – Britain’s Labour Party will help the financial services industry prosper as a global exporter but will ensure vigilant scrutiny by regulators if Ed Miliband wins the May 7 national election, the opposition party’s finance minister-in-waiting said on Wednesday.

In an attempt to allay financiers’ concerns that a possible Miliband government would damage London’s position as the only financial capital to rival New York, Ed Balls said he wanted to see the financial services sector expand.

Feb 4, 2015

Germany must ease up on austerity to revive euro zone: UK Labour

LONDON (Reuters) – Germany must relax its insistence on austerity and stoke domestic demand so struggling euro zone nations like Greece can grow their way out of crisis, the man who could be Britain’s finance minister after May elections said.

On Britain, the opposition Labour party’s finance minister-in-waiting said Prime Minister David Cameron’s planned referendum on European Union membership was the biggest risk in at least a generation to Britain’s $2.8 trillion economy.