Government Bonds Correspondent
William's Feed
Dec 12, 2013

UK’s Osborne puts welfare budget in austerity crosshairs

LONDON, Dec 12 (Reuters) – Billions of pounds of further
cuts to Britain’s welfare system will have to be taken by the
country’s next government to avoid deeper cuts in public
services, finance minister George Osborne said on Thursday.

Osborne signalled Britain’s welfare budget would bear the
brunt of efforts to fix public finances after the 2015 election.

Dec 3, 2013

British news staff may face terrorism charges over Snowden leaks

LONDON, Dec 3 (Reuters) – British police are examining
whether Guardian newspaper staff should be investigated for
terrorism offences over their handling of data leaked by Edward
Snowden, Britain’s senior counter-terrorism officer said on
Tuesday.

The disclosure came after Guardian editor Alan Rusbridger,
summoned to give evidence at a parliamentary inquiry, was
accused by lawmakers of helping terrorists by making top secret
information public and sharing it with other news organisations.

Dec 3, 2013

British editor tells parliament Snowden data is secure

LONDON (Reuters) – Britain’s Guardian newspaper has published less than one percent of the information leaked by U.S. whistleblower Edward Snowden and kept the rest secure, editor Alan Rusbridger told a parliamentary committee on Monday.

Summoned by parliament’s home affairs select committee as part of its counter-terrorism inquiry, Rusbridger defended his decision to publish the leaks as some lawmakers suggested he had helped terrorists by making top secret information public and by transmitting it to other news organizations.

Dec 3, 2013

British editor tells MPs Snowden data is secure

LONDON (Reuters) – Britain’s Guardian newspaper has published less than one percent of the information leaked by U.S. whistleblower Edward Snowden and kept the rest secure, editor Alan Rusbridger told a parliamentary committee on Monday.

Summoned by parliament’s home affairs select committee as part of its counter-terrorism inquiry, Rusbridger defended his decision to publish the leaks as some MPs suggested he had helped terrorists by making top secret information public and by transmitting it to other news organisations.

Nov 29, 2013

Government takes aim at green levies, denies seeking energy price freeze

LONDON (Reuters) – British Prime Minister David Cameron pledged on Friday to cut energy bills by reducing green levies but denied a BBC report that he had asked the country’s biggest gas and energy companies to hold prices steady until the 2015 election.

In an unusually sharp reprimand for the publicly funded British Broadcasting Corporation, a spokesman for Cameron’s office said the report which cited unidentified industry sources was utterly misleading.

Nov 29, 2013

UK takes aim at green levies, denies seeking energy price freeze

LONDON (Reuters) – British Prime Minister David Cameron pledged on Friday to cut energy bills by reducing green levies but denied a BBC report that he had asked the country’s biggest gas and energy companies to hold prices steady until the 2015 election.

In an unusually sharp reprimand for the publicly funded British Broadcasting Corporation, a spokesman for Cameron’s office said the report which cited unidentified industry sources was utterly misleading.

Nov 28, 2013

Britain seeks to force plain cigarette packaging on tobacco firms

LONDON, Nov 28 (Reuters) – Britain signalled it would force
tobacco companies to scrap branded cigarette packaging on
Thursday in an attempt to reduce the number of children who may
be drawn to smoking by striking and brightly coloured packs.

In a surprise decision that was welcomed by cancer research
charities but scorned by some tobacco companies, the government
said it was appointing a paediatrician to examine whether plain
packaging would reduce the human and financial cost of smoking.

Nov 27, 2013

UK says last-minute price hike would have risked Royal Mail sale

LONDON (Reuters) – Britain’s sale of the Royal Mail (RMG.L: Quote, Profile, Research, Stock Buzz) postal service, its biggest privatization in decades, would have been put at “considerable risk” if it had tried to raise the price at the last minute, ministers said on Wednesday.

Last month’s Royal Mail selloff has grabbed headlines, with unions and opposition lawmakers criticizing the government for potentially short-changing the taxpayer after shares in the firm rocketed by as much as 80 percent after flotation.

Nov 22, 2013

British police arrest former Co-op Bank chairman in drugs investigation

LONDON (Reuters) – British police have arrested the former chairman of the Co-operative Bank as part of an investigation into the supply of illegal drugs, ratcheting up pressure on the 141-year-old bank as investors mull plugging a $2.4 billion capital shortfall.

Prime Minister David Cameron has questioned why Paul Flowers, a one-time local Labour politician and Methodist preacher with no banking qualifications, was judged suitable for the chairmanship during a period when the bank nearly collapsed.

Nov 21, 2013

Lobbying outcry at UK parliament prompts call for review

LONDON, Nov 21 (Reuters) – Britain must review whether
lawmakers with outside commerical interests who are also paid to
scrutinise government policy could damage the public’s
perception of parliament before a 2015 election, the official
watchdog said on Thursday.

Kathryn Hudson, the Parliamentary Commissioner for
Standards, called for an inquiry into the way parliamentary
committees are run after investigating complaints about a senior
lawmaker in Prime Minister David Cameron’s Conservative party.