Government Bonds Correspondent
William's Feed
Aug 12, 2013

Britain weighs legal action against Spain on Gibraltar

LONDON (Reuters) – Britain warned Spain on Monday it might take legal action to try to force Madrid to abandon tighter controls at the border with the contested British overseas territory of Gibraltar in what it called an “unprecedented” step against a European ally.

The warning coincided with the departure of a British warship for Gibraltar, played down by the British and Spanish governments as part of a long planned, routine exercise but which underscored heightened tensions over the territory.

Aug 11, 2013

UK’s Royal Mail sell-off promotion plan angers postmasters

LONDON (Reuters) – Plans to use Britain’s post offices to promote a sell-off of the Royal Mail delivery service drew an angry backlash from branch managers on Monday, creating a new headache for ministers keen to start the privatization.

The state-owned Post Office, a branch network that sells stamps and other services, could ask its thousands of outlets to stock material explaining how the public can buy shares in Royal Mail, the separate postal delivery firm.

Aug 8, 2013

Britain catches one of ‘most wanted’ tax cheats, names 10 more

LONDON (Reuters) – British authorities said on Friday they had captured one of their ‘most wanted’ tax criminals and added 10 new names to a list of high-priority targets who are accused of cheating the government out of hundreds of millions of pounds.

Anthony Judge, who had spent 10 years in hiding after fleeing money laundering charges, was detained when trying to enter Britain on a forged passport on July 4, the finance ministry said.

Jul 31, 2013

Britain’s centuries-old Royal Mail eyes end of state control

LONDON (Reuters) – After three aborted privatization attempts in 19 years, Britain’s Royal Mail postal service looks closer than ever to a sale that would end almost five centuries of ties to the state.

But the centre-right coalition government must first convince investors, nervous lawmakers and a heavily unionized workforce still opposed to private ownership.

Jul 29, 2013

Britain losing battle against internet crime, MPs say

LONDON (Reuters) – Britain is losing the battle against cyber crime and needs a new crack crime unit to fight the growing problem in cooperation with its global partners, particularly the European Union, a panel of MPs said in a report on Tuesday.

The Home Affairs Committee, which scrutinises the government’s domestic policy, said the “state-of-the-art espionage response team” would encourage companies, banks and institutions to report hacking attempts to uncover the full extent of online crime and halt its rise.

Jul 29, 2013

Britain losing battle against internet crime, lawmakers say

LONDON (Reuters) – Britain is losing the battle against cyber crime and needs a new crack crime unit to fight the growing problem in cooperation with its global partners, particularly the European Union, a panel of lawmakers said in a report on Tuesday.

The Home Affairs Committee, which scrutinizes the government’s domestic policy, said the “state-of-the-art espionage response team” would encourage companies, banks and institutions to report hacking attempts to uncover the full extent of online crime and halt its rise.

Jul 23, 2013

U.S., Japanese companies lead foreign investment in Britain

LONDON (Reuters) – U.S. and Japanese companies led an increase in foreign investment in Britain in the year to March, a government report said on Wednesday.

As Britain attempts to revive its economy, the government has cut corporate tax rates to attract foreign firms and given more resources to the organisation which promotes trade and investment in Britain abroad.

Jul 22, 2013

Demand healthy for Royal Mail selloff, UK minister says

LONDON (Reuters) – The planned flotation of Britain’s postal service is drawing healthy demand from domestic and overseas investors, building momentum for an autumn sale, Business Minister Michael Fallon told Reuters on Monday.

Overseeing the country’s biggest privatization in decades, Fallon said he hoped a pay deal with trade unions and Royal Mail would soon be sealed to help ease investor concerns.

Jul 21, 2013

UK’s Cameron urges Google, Yahoo to act on child pornography

LONDON, July 21 (Reuters) – British Prime Minister David
Cameron challenged the Internet search engine providers Google
, Yahoo and Bing on Sunday to block
images of child abuse, calling for more action against online
pornography.

In a television interview, Cameron said search engines must
block results for searches using blacklisted keywords to stop
Internet users accessing illegal images.

Jul 15, 2013

Tobacco lobbying row prompts UK’s Cameron to rush out new law

LONDON, July 15 (Reuters) – British Prime Minister David
Cameron, embroiled in a tobacco lobbying scandal involving one
of his top election strategists, will rush out new rules this
week to try to clean up the shadowy world of political lobbying.

The bill, expected to be published by the government on
Wednesday, will force political lobbyists to declare who is
paying them to try to influence government policy.