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George Osborne

European shares steady, await U.S. retail sales data

CMC Markets’ Michael Hewson on the European markets.

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  1. RBS bad bank plan will help selloff of government stake: Osborne

    Plans to create an internal 'bad bank' at Royal Bank of Scotland will make it easier to sell off the government's stake, British Finance Minister George Osborne said...

  2. UK finance minister Osborne backs RBS bad bank plan

    Britain's finance minister George Osborne said on Friday he wholeheartedly supported plans by Royal Bank of Scotland to create an internal bad bank to manage the run...

  3. London's Tech City picks first 25 firms for help to grow

    Tech City, a government-backed body promoting London's technology hub, on Thursday picked a first 25 British-based online businesses, in sectors such as property, fa...

  4. U.K. Welcomes In Chinese Banks

    The U.K. Treasury on Tuesday said it will allow Chinese banks to apply to set up branches in the U.K., in the latest effort to "cement London's role as the offshore ...

  5. Report: TD Bank Eyes $13B Play for Citizens Bank

    Canada's TD Bank (NYSE:TD) is reportedly exploring a potential bid to acquire Citizens Bank, the American retail branch of Royal Bank of Scotland (NYSE:RBS) that is ...

  6. Lloyds Sale Raises Prospect of UK's Complete Exit by 2015

    Britain could have sold the 6 percent stake in banking group Lloyds it placed with investment institutions nearly three times over, sources said, raising the prospec...

  7. UK to Sell 6% Stake in Lloyds Banking Group

    Britain has launched the sale of its shares in Lloyds Banking Group, a milestone in the country's recovery from the 2008 financial crisis.UK Financial Investments (U...

  8. In Post-Lehman World, Top Banker Prosecutions Stumble

    Will top bankers' behavior ever land them in jail? Or are bad business decisions even a crime at all?Five years on from the bankruptcy of Lehman Brothers, the debate...

  9. In post-Lehman clean-up, top banker prosecutions stumble

    Will top bankers' behavior ever land them in jail? Or are bad business decisions even a crime at all?Five years on from the bankruptcy of Lehman Brothers, the debate...

  10. Britain's jobless rate dips, prompting more bets on earlier rate rises

    Britain's unemployment rate dropped in July to its lowest since late last year, adding to speculation that the Bank of England may raise interest rates earlier than ...

  11. Kerry: Assad Unleashed 'Inconceivable' Horror

    U.S. Secretary of State John Kerry made clear on Friday that the United States would punish Syrian President Bashar al-Assad for the ``brutal and flagrant'' chemical...

  12. BoE Ties Interest Rates to Unemployment

    The Bank of England overhauled its policy strategy on Wednesday, saying it planned to keep interest rates at a record low until unemployment falls to 7 percent or be...

  1. UK welcomes deal to free RBS from dividend access share

    Britain's finance minister said an agreement for part-nationalized Royal Bank of Scotland to cancel a government-owned share that stops it paying dividends would hel...

  2. U.K. Insurers Slide After New Annuity Rule

    Insurance firms posted sharp losses in London on Wednesday after U.K. finance minister George Osborne announced plans to scrap a rule that requires pension funds to ...

  3. German index hits European markets

    Alpari senior market analyst James Hughes with the latest on the European markets.

  4. European Stocks Rise Despite Crimea Turmoil

    Europe's benchmark stock index advanced on Monday, rebounding after its biggest weekly loss since January, as RWE AG and Vodafone Group PLC rose after deal activity....

  5. Report: RBS To Shed Up To 30K Jobs, Shrink I-Bank

    Royal Bank of Scotland is to shrink its investment banking and international operations in a revamp in which the group could shed up to a quarter of its 120,000 work...

  6. UK Boosts Growth Views, Eyes Deficit Cuts

    British finance minister George Osborne celebrated a sharp turnaround in the economy as vindication of his push to fix a gaping budget deficit on Thursday but he sai...

  7. U.K. Growth Forecast Doubled For 2013: Reports

    The Office for Budget Responsibility in the U.K. on Thursday more than doubled its growth forecast for the country for 2013, according to media reports. The institut...

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