Bodegas Osborne

The finance ministers of Britain, France and Germany on Saturday launched a new drive to force big business to pay its fair share of tax and halt the schemes of top firms to keep payments to a minimum.

The Chancellor of the Exchequer George Osborne on Saturday warned against "economic warfare" as the G20 states of top world economies met hoping to allay fears they could devalue national currencies to boost economic activity.

Britain's Chancellor of the Exchequer George Osborne on Saturday warned against "economic warfare" as the G20 states of top world economies met hoping to allay fears they could devalue national currencies to boost economic activity.

State-rescued Royal Bank of Scotland said it will pay fines totalling $612 million (453 million euros) to US and British regulators to settle allegations of Libor interest rate rigging.

State-rescued Royal Bank of Scotland will pay fines totalling $612 million (453 million euros) to US and British regulators to settle allegations of Libor interest rate rigging, it announced on Wednesday.

State-rescued Royal Bank of Scotland will pay fines totalling $612 million (453 million euros) to US and British regulators to settle allegations of Libor interest rate rigging, it announced on Wednesday.

Britain's banks will be broken up if they fail to ring-fence retail operations from their investment divisions to avoid any future state bailouts of lenders, Chancellor of the Exchequer George Osborne warned on Monday.

The government on Monday unveiled the preferred routes for the next phase of its planned high-speed rail network, a project which Prime Minister David Cameron says will boost Britain's struggling economy.

Britain's economy shrank 0.3 percent in the final quarter of 2012 and recorded zero growth for the year as a whole, official data revealed on Friday, placing the country on the brink of a "triple dip" recession.

British Chancellor of the Exchequer George Osborne on Thursday rejected suggestions by the International Monetary Fund that he should lessen the pace of his government's austerity programme.

British Prime Minister David Cameron faced a frosty reception from the global elite at the annual Davos meeting on Thursday after his vow to hold a referendum on Britain's membership of the EU.

Prime Minister David Cameron faces a frosty reception from the global elite at the annual Davos meeting on Thursday after his vow to hold a referendum on Britain's membership of the EU.

British Prime Minister David Cameron faces a frosty reception from the global elite at the annual Davos meeting on Thursday after his vow to hold a referendum on Britain's membership of the EU.

MPs voted 324 to 268 in favour of the government's bill to introduce a benefit-uprating cap of one percent, a real-terms cut in working-age entitlements.

European governments argued through the night in a bid to agree a deal on tightening the oversight of eurozone banks, hours before leaders stage on Thursday their final summit of a gruelling third year in debt-crisis mode.

Chancellor of the Exchequer George Osborne said Tuesday that he will present the government's annual budget, detailing taxation and spending plans for the 2013/14 financial year, on March 20.

Chancellor of the Exchequer George Osborne defended his handling of the economy on Thursday after Fitch warned that his latest austerity budget had sparked questions over the nation's top AAA credit rating.

Chancellor of the Exchequer George Osborne defended his handling of the economy on Thursday after Fitch warned that his latest budget had sparked questions over the nation's top AAA credit rating.

Chancellor of the Exchequer George Osborne on Wednesday warned Britons that they faced an extra year of austerity measures and insisted that reversing his belt-tightening measures now would be a "disaster".

London shares closed higher on Wednesday despite Chancellor of the Exchequer George Osborne delivering the grim news in his budget update that Britain will prolong deep austerity measures by a year.