Peter's Feed
Oct 31, 2012

UK’s Cameron faces damaging rebellion over European budget

LONDON, Oct 31 (Reuters) – British Prime Minister David
Cameron faced a revolt in parliament on Wednesday from members
of his Conservative Party demanding in a parliamentary vote that
he push for a cut in the European Union’s budget next month.

Although the vote’s result will be non-binding, defeat would
damage Cameron by exposing enduring Conservative rifts over
Europe and further undermining his authority after a punishing
period for his coalition government.

Oct 25, 2012

Church panel under pressure to name new Anglican leader

LONDON (Reuters) – A secretive group choosing the next Archbishop of Canterbury, spiritual leader of the world’s 80 million Anglicans, is under pressure to break a deadlock in their talks and reach a decision, nearly a month after an announcement was expected.

The choice of the next head of the worldwide Anglican Communion comes at critical time for a church threatened by a rise in secularism and long-running divisions over senior women clergy and homosexuality.

Oct 25, 2012

Olympics helps Britain leap out of recession

LONDON, Oct 25 (Reuters) – Britain rebounded strongly from
recession in the third quarter, posting its strongest quarterly
GDP growth in five years, boosted at least in part by robust
Olympics spending, official data showed on Thursday.

The jump in growth was subject to a number of temporary
factors, including the Olympics, which may mask a weaker
underlying picture.

Oct 25, 2012

Britain exits recession

LONDON (Reuters) – Britain rebounded strongly from recession in the third quarter, posting its strongest quarterly GDP growth in five years, boosted at least in part by robust Olympics spending, official data showed on Thursday.

The jump in growth was subject to a number of temporary factors, including the Olympics, which may mask a weaker underlying picture.

Oct 24, 2012

Shock drop in UK factory orders fuels doubt on recovery

LONDON, Oct 24 (Reuters) – British factory orders posted a
surprise fall in October, the CBI’s industrial trends survey
showed on Wednesday, fuelling fears that a recent timid economic
recovery may not last.

Britain probably came out of recession between July and
September. Third-quarter gross domestic product figures due on
Thursday are expected to show solid growth, boosted by a one-off
rebound after an extra public holiday hit output in June.

Oct 21, 2012

UK’s Cameron to fight back on crime after grim week

LONDON (Reuters) – British Prime Minister David Cameron will seek to draw a line under a torrid period for his Conservative Party on Monday, promising a “tough but intelligent” approach to crime that supporters hope will steady the government after a series of blunders.

In his first major speech on crime since his coalition took power in 2010, Cameron will call for long sentences for the worst criminals and rehabilitation and education for others to cut reoffending, according to advance extracts. Agencies helping to rehabilitate offenders should be paid by results, he will say.

Oct 21, 2012

Cameron on ropes after “catastrophic” week

LONDON (Reuters) – British Prime Minister David Cameron is under pressure to reassert his authority over a Conservative Party reeling after a week which saw the resignation of a senior minister and claims of incompetence and elitism at the heart of his government.

After one of the most bruising weeks for the centre-right party since it took power in a coalition in 2010, the Conservatives have slipped further behind their Labour rivals, two polls showed on Sunday. The next election is due in 2015.

Oct 21, 2012

British PM Cameron on ropes after “catastrophic” week

LONDON (Reuters) – British Prime Minister David Cameron is under pressure to reassert his authority over a Conservative Party reeling after a week which saw the resignation of a senior minister and claims of incompetence and elitism at the heart of his government.

After one of the most bruising weeks for the center-right party since it took power in a coalition in 2010, the Conservatives have slipped further behind their Labour rivals, two polls showed on Sunday. The next election is due in 2015.

Oct 20, 2012

UK austerity protesters fed up with economy to march in London

LONDON (Reuters) – Thousands of anti-austerity protesters will march in London on Saturday to protest against public spending cuts enacted by a government fighting off accusations that it is run by an upper-class elite that ignores the plight of recession-hit voters.

The march comes at a time when Prime Minister David Cameron’s Conservative-led coalition is reeling from the resignation on Friday of a senior minister accused of calling police “plebs”, a class-laden insult for working people.

Oct 19, 2012

Better borrowing gives government hope on budget goal

LONDON (Reuters) – Britain’s public finances deteriorated much less than feared during the first six months of the current tax year, giving finance minister George Osborne some hope of meeting his budget goal even as the economy remains weak.

The key measure of public sector net borrowing used in official forecasts was 2.6 billion pounds higher than a year earlier for the April-September period, compared to an overshoot of 10.6 billion pounds previously estimated for April-August, the Office for National Statistics said.