UK trade may struggle to stand still after EU exit
Friday, 17 May 2013 09:20
As British Prime Minister David Cameron struggles to accommodate eurosceptics in his own party, trade experts warn that quitting the European Union would force Britain not just to rework trade relations with the EU, but also with the EU's trade partners and probably the World Trade Organization.
UK withdrawal from the European Union would not be as "cataclysmic" for British jobs as supporters of membership claim, London Mayor Boris Johnson has said.
U.K. Rules Out Pound for Independent Scotland Amid Euro Woes
Thursday, 25 April 2013 13:55
The British government closed the door to a formal agreement with Scotland for its continued use of the pound if it votes to become independent next year, citing the tumult in the 17-nation euro region during the debt crisis.
Business Backs David Cameron Call to Renegotiate UK Membership of EU
Monday, 15 April 2013 13:25
Almost two-thirds of business back Prime Minister David Cameron's proposal of Britain having a renegotiated membership of the European Union, according to a survey by the British Chambers of Commerce.
Cyprus bail-out will cost British taxpayers £38.2m
Friday, 05 April 2013 10:14
BRITISH taxpayers are to be forced to pay £38.2million towards the European Union-led bail-out of Cyprus, it emerged yesterday.The UK is contributing towards the £8.5billion rescue plan through the International Monetary Fund.