Government Bonds Correspondent
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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.

Sep 29, 2014

UK’s Osborne vows crackdown on tax-avoiding tech firms

LONDON, Sept 29 (Reuters) – British finance minister George
Osborne said on Monday he was examining changes to clamp down on
tax avoidance by multinationals which the government says are
depriving Britain’s public coffers of hundreds of millions of
pounds each year.

“Some technology companies go to extraordinary lengths to
pay little or no tax here,” Osborne told an annual conference of
his Conservative Party.

Sep 29, 2014

Britain’s Osborne pitches welfare cuts to voters ahead of election

BIRMINGHAM, England, Sept 29 (Reuters) – British finance
minister George Osborne sought on Monday to deflect voter
attention from a Conservative party split over Europe by
pledging more spending cuts to help the government’s finances
back to surplus.

The Conservative party’s schism over Europe has marred Prime
Minister David Cameron’s last major party conference before the
2015 election, overshadowing Osborne’s pitch of economic growth,
fiscal prudence and tougher rules for welfare claimants.

Sep 28, 2014

UK’s Osborne launches Conservative election pitch with pension tax cut

BIRMINGHAM, England, Sept 28 (Reuters) – British finance
minister George Osborne will announce on Monday that he will
scrap a tax on inherited pension savings as he lays out the
Conservative Party’s pitch to win the next election on the back
of its economic policies.

Ahead of what is expected to be a close-run ballot next May,
Osborne will use a key speech to try to persuade voters that
only the Conservatives can be trusted to keep Britain’s economic
recovery on track.

Sep 28, 2014

Europe schism haunts Cameron as pre-election battle drums begin

BIRMINGHAM England (Reuters) – The British Conservative party’s schism over Europe marred Prime Minister David Cameron’s last major party conference before a 2015 election, overshadowing his party’s attempt to pitch a growing economy and lower welfare spending to voters.

The defection of a second Conservative lawmaker to the anti-EU United Kingdom Independence Party on the eve of the conference ratcheted up the pressure on Cameron to take a tougher line on Europe, immigration and welfare less than eight months before a national election in May.