David Cameron

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  Britain Flirts With Triple-Dip Recession Scenario

  By Marlene Y. Satter, AdvisorOne  |  March 6, 2013

  Triple dip? No, it’s not a fancy ice cream cone, but the situation Britain found itself facing in late January. The tight purse strings of a failed austerity program in the U.K. have caused the British economy to flirt with a triple-dip recession.

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  Where Have All of Britain’s Millionaires Gone?

  By Gil Weinreich, AdvisorOne  |  November 28, 2012

  That’s a question many Britons are asking now that new data show nearly two-thirds of the country’s million-pound earners have disappeared nearly one year after a tax hike on the nation’s highest earners.

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  London Could Lose Out Over Eurozone Banking Union

  By Marlene Y. Satter, AdvisorOne  |  November 1, 2012

  Opposition to an EU budget freeze and to Britain’s joining a eurozone banking union could cost the City of London its position at the top of the world’s financial centers.

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  Anti-EU British Lawmakers Demand EU Budget Cut

  By Marlene Y. Satter, AdvisorOne  |  October 31, 2012

  Rebels within Prime Minister David Cameron's own party have backed a Tory amendment introduced to make him negotiate a budget cut from the EU.

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  German Finance Minister Wants to Change EU Treaties

  By Marlene Y. Satter, AdvisorOne  |  October 16, 2012

  German Finance Minister Wolfgang Schaeuble is advocating changes that will allow the EU’s monetary affairs commissioner to reject national budgets and prevent non-eurozone countries, like Britain, from nixing eurozone-only measures.

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  IPOs Could Get Easier in U.K.

  By Marlene Y. Satter, AdvisorOne  |  August 29, 2012

  The U.K. is considering mimicking key provisions of the U.S. JOBS Act, including offering more lenient rules on IPOs.

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  Britain Could Leave EU: Blair

  By Marlene Y. Satter, AdvisorOne  |  August 9, 2012

  Former Prime Minister Tony Blair of Britain is “deeply worried” over the possibility that Britain could say farewell to the European Union.

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  U.K. Recession Deepens

  By Marlene Y. Satter, AdvisorOne  |  July 25, 2012

  As the world counts down to the opening of the Olympic Games in London on Friday, Londoners—and others in Britain—are dealing with an economy that in Q2 of this year slowed considerably more than expected.

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  Probe of Libor Scandal Set by British Parliament

  By Marlene Y. Satter, AdvisorOne  |  July 6, 2012

  An investigation into the rigging of Libor has been set by the British Parliament as the City of London worries that its reputation as the world’s top financial center has been damaged beyond repair.

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  Barclays’ Chief Quits as Outcry Over Libor Grows

  By Marlene Y. Satter, AdvisorOne  |  July 3, 2012

  A day after he insisted he had no intention of stepping down, Bob Diamond resigned as head of Barclays Bank effective immediately, bowing to pressure from lawmakers outraged over the manipulation of Libor rates on his watch.