Government Bonds Correspondent
William's Feed
Sep 16, 2015

Cameron, Corbyn spar politely in parliament’s ritual joust

LONDON (Reuters) – The new leader of the opposition Labour Party, veteran leftist Jeremy Corbyn, confronted Prime Minister David Cameron in parliament for the first time on Wednesday and said the house’s raucous weekly question-and-answer session should be less theatrical and more about hearing ordinary people’s voices.

Kicking off with questions on unaffordable housing, mental health and welfare, Corbyn’s low-key performance did little to ruffle Cameron, who gave detailed answers in an unusually muted manner.

Sep 14, 2015

New UK Labour leader names “enemy of capitalism” as finance spokesman

LONDON (Reuters) – The new leader of Britain’s opposition Labour Party named an ally whose declared aim is the overthrow capitalism as finance spokesman on Monday, pushing hard-left policies that opponents say will make the party unelectable.

After winning Labour’s top job by a landslide on Saturday, Jeremy Corbyn named senior members of his would-be government including John McDonnell – a former trade unionist who backs renationalising banks and imposing wealth taxes – as his finance minister-in-waiting.

Sep 14, 2015

UK Labour chief names pro-nationalisation, left-wing finance spokesman

LONDON, Sept 14 (Reuters) – The new leader of Britain’s
opposition Labour Party has named a hard-left former trade union
official, who has backed renationalising the country’s banks and
higher taxes on the wealthy, to run his economic policy.

Shortly after winning Labour’s leadership election on
Saturday, Jeremy Corbyn named top members of his shadow cabinet,
including John McDonnell as his would-be finance minister.

Sep 12, 2015

Karl Marx admirer Corbyn rides socialist wave to lead Britain’s Labour Party

LONDON (Reuters) – Uncorking the spirit of British socialism was the masterstroke that handed Jeremy Corbyn the Labour Party’s top job but he now faces a much bigger challenge — convincing voters that an admirer of Karl Marx should be Britain’s next prime minister.

Virtually unknown just months ago, the 66-year-old won the crown of Britain’s second largest political party with 59.5 percent of the votes cast in an internal party vote.

Sep 12, 2015

Insight – Karl Marx admirer Corbyn rides socialist wave to lead Britain’s Labour Party

LONDON (Reuters) – Uncorking the spirit of British socialism was the masterstroke that handed Jeremy Corbyn the Labour Party’s top job but he now faces a much bigger challenge — convincing voters that an admirer of Karl Marx should be Britain’s next prime minister.

Virtually unknown just months ago, the 66-year-old won the crown of Britain’s second largest political party with 59.5 percent of the votes cast in an internal party vote.

Sep 12, 2015

Socialist Jeremy Corbyn elected UK opposition Labour leader

LONDON (Reuters) – Karl Marx admirer Jeremy Corbyn was elected leader of Britain’s opposition Labour party on Saturday, a victory that may make a British EU exit more likely and which one former Labour prime minister has warned could leave their party unelectable.

“Things can and they will change,” Corbyn, 66, said in a victory speech which began with criticism of the British media for intrusive reporting and ended with a vow to achieve justice for the poor and downtrodden.

Sep 11, 2015

Labour Party ready to lurch left as Corbyn expected to win leadership

LONDON (Reuters) – Britain’s opposition Labour Party is expected to crown hard left lawmaker Jeremy Corbyn as its new leader on Saturday after a surprise surge in support for his anti-austerity platform, and despite fears that he will make the party unelectable for years.

Corbyn, a 66-year old parliamentary veteran who was relatively unknown a few months ago, has hit upon a strong appetite within his party for a radical alternative to Conservative Prime Minister David Cameron’s austerity agenda.

Sep 9, 2015

UK softens tone against Syria’s Assad, moots transition period

LONDON (Reuters) – Britain could accept Syrian President Bashar al-Assad staying in place for a transition period if it helped resolve the country’s conflict, Foreign Secretary Philip Hammond said on Wednesday, in what appeared to be a softening of tone on the Syrian leader.

Britain, along with other Western countries, has repeatedly called for Assad to go, saying it is a precondition for bringing an end to the brutal four-year-long civil war that has killed an estimated 250,000 people and shattered the country.

Sep 7, 2015

UK’s Cameron suffers parliamentary defeat over EU referendum rules

LONDON (Reuters) – British Prime Minister David Cameron suffered an embarrassing defeat in parliament on Monday after Euroskeptic members of his Conservatives joined forces with opposition lawmakers to reject proposed rules for a European Union membership referendum.

It was Cameron’s first parliamentary defeat since he was re-elected in May with a slim majority and highlighted the historic splits over Europe in his Conservative Party that contributed to the downfall of two of his predecessors.

Sep 7, 2015

Cameron says UK drone strike killed British IS fighters in Syria

LONDON (Reuters) – Britain has killed two of its own nationals who had been fighting for Islamic State (IS) and plotting attacks on British soil, in its first air strike in Syria, Prime Minister David Cameron said on Monday.

Despite not having a parliamentary mandate to take military action in Syria, Cameron told lawmakers that, as an act of self-defense, Briton Reyaad Khan had been targeted and killed in a precision drone strike in the country.