LONDON - The government is set to announce a crucial budget statement which it hopes will help fix the battered public finances and revive its fortunes ahead of an election due next year. Chancellor of the Exchequer Alistair Darling is due to unvei
LONDON - ESPN signed a four-year deal Tuesday to broadcast live FA Cupmatches in Britain to fill the void left by collapsed network Setanta.The contract to show 25 matches each season starting in 2010-11 is wortharound $95 million dollars over four
PARIS - France's budget minister on Sunday played down talk of a bust-up between Paris and London over banking regulations, insisting there was no crisis after a Frenchman won the key post of EU finance chief. There is no crisis between Paris an
LONDON - Steelmaker Corus, owned by Indian interests, said on Friday it was cutting 1,700 jobs at a plant in Britain after running into a dispute with a consortium over a major contract. Corus, which has already shed about 6,000 jobs in Britain and
LONDON - Four British yachtsmen seized by Iran after apparently straying into the country's territorial waters returned to Britain on Friday. Oliver Smith, Oliver Young, Sam Usher and Luke Porter flew back into London Heathrow Airport. Along with D
LONDON - British Foreign Secretary David Miliband hailed on Wednesday the professional way in which Iran dealt with London over the release of five British yachtsmen seized in the Gulf. Miliband said he did not believe there was any wider signif
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