Government Bonds Correspondent
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Oct 2, 2014

Eyeing 2015 vote, Cameron pledges 7 billion pounds in tax cuts

BIRMINGHAM England (Reuters) – Prime Minister David Cameron promised to hand almost half the British population a tax cut if re-elected next year, a pledge he hopes will win over millions of voters and refocus debate away from a schism inside his party over Europe.

The promise, which will cost over 7 billion pounds to fund, was a calculated gambit to try to shift the narrative from one which has focussed on the damage the anti-EU UK Independence Party (UKIP) is doing to Cameron’s re-election hopes by siphoning off voters and lawmakers.

Oct 1, 2014

Eyeing 2015 vote, British PM Cameron pledges 7 billion pounds in tax cuts

BIRMINGHAM England (Reuters) – Prime Minister David Cameron promised to hand almost half the British population a tax cut if re-elected next year, a pledge he hopes will win over millions of voters and refocus debate away from a schism inside his party over Europe.

The promise, which will cost over 7 billion pounds (11.35 billion US dollar) to fund, was a calculated gambit to try to shift the narrative from one which has focused on the damage the anti-EU UK Independence Party (UKIP) is doing to Cameron’s re-election hopes by siphoning off voters and lawmakers.

Oct 1, 2014

Cameron tries to shrug off Europe schism with tax cut pledge

BIRMINGHAM England (Reuters) – Prime Minister David Cameron promised to push through sweeping tax cuts if re-elected next year, a pledge he hopes will refocus debate away from a schism over Europe inside his party and win over millions of voters.

Addressing his Conservative party conference, the last before a national election in May next year, Cameron said he wanted to secure a majority so his party could govern alone and not in a coalition as is now the case.

Oct 1, 2014

British PM Cameron tries to shrug off Europe schism with tax cut pledge

BIRMINGHAM, England, Oct 1 (Reuters) – British Prime
Minister David Cameron promised to push through sweeping tax
cuts if re-elected next year, a pledge he hopes will refocus
debate away from a schism over Europe inside his party and win
over millions of voters.

Addressing his Conservative party conference, the last
before a national election in May next year, Cameron said he
wanted to secure a majority so his party could govern alone and
not in a coalition as is now the case.

Oct 1, 2014

Europe schism casts pall over Cameron’s big day

BIRMINGHAM England (Reuters) – A schism over Europe cast a pall over the final day of Prime Minister David Cameron’s Conservative party conference, the last before a national election next year, after a party donor became the latest figure to defect to the anti-EU UKIP party.

Hours before Cameron was due to deliver a keynote speech, Arron Banks, a businessman who UKIP said had given hundreds of thousands of pounds to Cameron’s party, said he was switching his support to the UK Independence Party (UKIP).

Oct 1, 2014

Europe schism casts pall over British PM Cameron’s big day

BIRMINGHAM England (Reuters) – A schism over Europe cast a pall over the final day of Prime Minister David Cameron’s Conservative party conference, the last before a national election next year, after a party donor became the latest figure to defect to the anti-EU UKIP party.

Hours before Cameron was due to deliver a keynote speech, Arron Banks, a businessman who UKIP said had given hundreds of thousands of pounds to Cameron’s party, said he was switching his support to the UK Independence Party (UKIP).

Sep 30, 2014

Cameron to woo voters with healthcare spending pledge

BIRMINGHAM England (Reuters) – British Prime Minster David Cameron will on Wednesday promise increased healthcare spending if voters re-elect him next year — a political carrot aimed at balancing the stick of welfare cuts set out by his finance minister earlier in the week.

The pledge will come in the final address of what has been a turbulent annual party conference for Cameron’s Conservatives, after a sex scandal and the embarrassing defection of a lawmaker to the anti-European Union UK Independence Party threatened to overshadow their rallying cry for the 2015 vote.

Sep 30, 2014

Britain tells China: Seek peace in Hong Kong and allow freedoms

BIRMINGHAM England (Reuters) – In Britain’s strongest interjection yet over clashes in Hong Kong between riot police and pro-democracy protesters, finance chief George Osborne urged China to seek peace and said the former colony’s prosperity depended on freedom.

Britain had until Tuesday been wary of angering Beijing with anything that could be interpreted as meddling in the affairs of Hong Kong which it handed back to China in 1997 after more than 150 years of imperial control.

Sep 30, 2014

UK minister says demand picking up for fracking licences

BIRMINGHAM, England, Sept 30 (Reuters) – Britain’s first
round of shale gas licensing in six years is attracting solid
interest from investors, according to business and energy
minister Matt Hancock, who says the country has a duty to use
fracking to secure its future energy supply.

Energy security sits high on Britain’s list of political
priorities as its once-plentiful North Sea oil and gas resources
dwindle and the geopolitical risks of relying on energy imports
rise.

Sep 30, 2014

Osborne targets welfare for cuts in tough message to voters

BIRMINGHAM, England (Reuters) – Chancellor George Osborne spelled out plans for more spending cuts on Monday, betting that voters will accept his tough approach to fixing the economy and give an election victory to his Conservative Party next year.

Osborne announced a two-year freeze on a wide range of welfare payments as he sought to regain the initiative following a split within the party of Prime Minister David Cameron’s over Britain’s membership of the European Union.