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- Russian and British Leaders May Discuss TNK-BP
- MOSCOW (Reuters UK) - Russian President Dmitry Medvedev and Prime Minister Gordon Brown may discuss the troubled Anglo-Russian oil joint venture TNK-BP on the sidelines of next week's G8 summit, a Russian official said on Thursday. Arkady Dvorkovich, Medvedev's top economic adviser, told journalists that...
- News items 2008-07-03
- Brown to Open Energy Markets to Overseas Investors
- By David Clarke JEDDAH, Saudia Arabia (Reuters UK) - Prime Minister Gordon Brown pledged on Sunday to open Britain's energy markets to foreign investors in a "new deal" designed to promote clean energy and end a conflict of interest between oil producers and consumers. At...
- News items 2008-06-23
- Consumer Confidence Hits Near-record Low
- By Matt Falloon LONDON (Reuters UK) - Consumer confidence in Britain slumped this month to its lowest level since March 1990, when the economy was teetering on the edge of a protracted recession, a survey showed on Monday. The GfK NOP consumer confidence barometer fell to...
- News items 2008-06-29
- Darling Urges Pay Restraint
- LONDON (Reuters UK) - Chancellor Alistair Darling called on Sunday for pay awards to be kept in check to ensure they did not add to inflationary pressure in the economy. "It's important that we don't allow inflation to become entrenched here at home," Darling told BBC...
- News items 2008-06-22
- Pay Deals Pick Up to 3.3 Percent
- LONDON (Reuters UK) - Wage settlements picked up to 3.3 percent in the three months to May but held a full percentage point below retail price inflation, a survey showed on Friday. Pay has become a live political issue in Britain at a time when rising...
- News items 2008-06-26
- EU Begins Budget Steps Against UK
- By Marcin Grajewski BRUSSELS (Reuters UK) - The European Commission proposed on Wednesday ending disciplinary budget steps against Poland, putting the country a step closer towards joining the euro zone, and started the same procedure against Britain. While Britain looked set to exceed the European Union's...
- News items 2008-06-11
- Brown Launches "green Revolution" Energy Plan
- By Daniel Fineren LONDON (Reuters UK) - The government set out plans on Thursday for a tenfold increase in renewable energy within 12 years in a scheme welcomed for its ambition but criticised for lacking concrete policies to cut carbon emissions and reduce dependency on...
- News items 2008-06-26
- Oil Powers Seek Tonic to Record Prices
- By Simon Webb and Summer Said JEDDAH, Saudi Arabia (Reuters UK) - The world's top energy policy makers meet in this Red Sea city on Sunday for emergency talks on halting oil's unrelenting rally, but divided views over the cause of recent gains emerged early. Saudi...
- News items 2008-06-22
- Economy Falters as Households Have Less
- By Christina Fincher and Sumeet Desai LONDON (Reuters UK) - The economy grew more slowly than previously thought and at its weakest pace in three years in the first quarter of this year as households suffered their sharpest drop in disposable income for almost a decade....
- News items 2008-06-27
- Jeddah Deepens Oil Price Dialogue, But No Quick Fix
- By Simon Webb and Summer Said JEDDAH, Saudi Arabia (Reuters) - World energy powers embarked on a new level of dialogue to try to rein in runaway oil prices at an emergency meeting in this Red Sea city, but were unable to come...
- News items 2008-06-23
- Home Loan Approvals Dive to Record Low in May
- By Matt Falloon LONDON (Reuters UK) - New home loan approvals nosedived at their sharpest annual pace in at least a decade to hit a record low in May, figures showed on Tuesday, raising fears the housing slowdown is about to escalate into a crash. The...
- News items 2008-06-24
- OPEC Cuts Oil Demand Forecast, Sees Ample Supply
- By Alex Lawler LONDON (Reuters) - OPEC on Friday cut its forecast for global oil demand growth in 2008 for the third time this year, the latest sign that record-high oil prices are slowing consumption. The exporter group also said that it is...
- News items 2008-06-13
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