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Chancellor Osborne determined fresh budget will help drive U.K. growth

The British Chancellor, George Osborne has shown his “absolute determination” that the fresh Budget will help in driving the country’s economic growth, despite the forecasts of its having a small impact on U.K. gross domestic product.

Mr. Osborne has strongly emphasized the measures introduced

Last Updated on Thursday, 21 March 2013 10:45

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U.K. working parents to receive £1,200 childcare boost from 2015

U.K. government is set to unveil the new plans regarding childcare vouchers that will enable the working parents to receive 20 percent of childcare costs up to a limit of £1,200 per child annually from autumn 2015 onwards, after the next general elections.

The families where both parents used to

Last Updated on Tuesday, 19 March 2013 12:01

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U.K. High Court rules compensation plan on HS2 as legally flawed

U.K. High Court rules compensation plan on HS2 as legally flawed

U.K. High Court has ruled the Government's HS2 high-speed rail scheme as legally flawed on the grounds of having consultation process for providing compensation to the affectees by the multibillion-pound project "was so unfair as to be unlawful".

The court decision favors the High Speed 2 Action

Last Updated on Friday, 15 March 2013 10:31

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Falkland historic referendum: Cameron asks Argentina to respect Islander's choice

U.K. Prime Minister David Cameron has asked Argentina to respect the wishes of Falkland islanders to remain British after a historic referendum delivered the result that clearly favors U.K.

Mr. Cameron has said that Argentina must carefully notice the result and repeated his words that Britain will

Last Updated on Tuesday, 12 March 2013 10:52

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Top Tory calls for spending freeze and tax cuts

Former Cabinet minister, Dr. Liam Fox has issued a call for a public spending freeze for at least a span of three and five years, and asked to drop the protected budgets for the NHS, schools and international aid in his speech for economy.

Senior Conservative has urged the government in his

Last Updated on Monday, 11 March 2013 10:51

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British ex-officials admit leaking secret information to The Sun tabloid

British ex- police officers including a former prison officer and another public official have admitted leaking secret information to the journalists at the Sun tabloid.

Both pleaded guilty in connection to the probe over misconduct in public office on Friday and charged with committing misconduct

Last Updated on Friday, 08 March 2013 10:07

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BoE opts for unchanged 0.5% interest rate & rejects calls for more stimulus

BoE opts for unchanged 0.5% interest rate & rejects calls for more stimulus

The Bank of England (BoE) policymaking committee has decided to keep the interest rates unchanged at 0.5 percent and rejected calls to inject more money into the British ailing economy by through money printing programme.

The central bank’s Monetary Policy Committee on Thursday has opted to

Last Updated on Thursday, 07 March 2013 10:17

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