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Labour's Split Gets Worse

It sure hasn’t taken long for Theresa May to cement her reputation as a “bloody difficult woman.” First there was her brutal cabinet reshuffle, clearing the government of David Cameron’s posh Oxford set, sacking George Osborne and Michael Gove, once the bright lights of the Conservative’s future. Show More Summary

Theresa May is already making big enemies in her own party

Theresa May is just one day into her new job as the UK's prime minister, but a rift is already appearing between her and a formidable member of her party: George Osborne. When news broke on Thursday morning of Osborne's departure from...Show More Summary

Osborne: much better than his critics said, but plenty of unfinished business

My regular column is available to subscribers on This is an excerpt. So no more George Osborne. Hello Philip Hammond. But 0.5% Bank rate, the record low rate that lasted for the whole of Osborne?s chancellorship, lives to...

Theresa May appoints Osborne aide to culture

Replacing Ed Vaizey  in the new UUK government as Minister of State for Culture & The Digital Economy is Matt Hancock. He used to be an economic adviser to the former Chancellor of the Exchequer, later becoming George Osborne’s Chief of Staff. His last job was Minister for the Cabinet Office, in which capacity he often sat […]

Theresa May is already making big enemies in her own party

Theresa May is just one day into her new job as the UK's prime minister but already a rift is starting to appear between herself and a formidable member of the party. When news broke on Thursday morning of George Osborne's departureShow More Summary

Britain's age of austerity could be over

Philip Hammond, who replaced George Osborne as UK Chancellor on Wednesday, has pledged to "do whatever we need to do" to shore up the UK economy in the wake of the Brexit vote and signalled an end to the policy of austerity that defined Osborne's time in the role. Hammond told Sky News on Thursday: "The economy has taken a shock. Show More Summary

UK Chancellor of Exchequer Osborne Replaced by Ex-Foreign Secretary Hammond

UK finance chief George Osborne will be replaced by ex-Foreign Secretary Philip Hammond in the new British government, according to the statement of Downing Street.

How Will History Remember David Cameron?

David Cameron spent his last night at Number 10 Downing Street on Tuesday in typically unpretentious style, dining on an Indian takeaway with his staff, his chancellor, George Osborne, and a handful of the Conservative MPs who had been...Show More Summary

Lawmakers Say UK Financial Authorities Intervened in HSBC Fraud Probe

UK financial authorities and Chancellor of the Exchequer George Osborne intervened in the investigation into money laundering by the HSBC banking giant, the US House Committee on Financial Services of the House of Representatives said in a report.

George Osborne personally stepped in to try and stop the US prosecuting HSBC for money laundering

Britain's Chancellor George Osborne and the UK's former financial watchdog "hampered" the 2012 US investigation into HSBC's money laundering and contributed to a watering down of the banks eventual punishment, according to a damningShow More Summary

George Osborne: Brexit Is Golden Opportunity for U.K.-U.S. Trade

A closer trading relationship with the United States could be possible as a result of Brexit, George Osborne indicated as he vowed to build a “global-facing Britain.” The chancellor, who is heading to New York for talks with major investors,...Show More Summary

Britain’s Osborne hopes to calm Wall Street

George Osborne embarks on a two-week tour of the United States, China and Singapore to persuade financiers to stick with Britain. ||| London - Chancellor of the Exchequer George Osborne heads to Wall Street on Monday aiming to shoreShow More Summary

UK's Osborne to urge U.S. investors to stick with Britain outside EU

LONDON (Reuters) - British finance minister George Osborne will meet some of Wall Street's biggest investors in New York on Monday to urge them to stick with Britain despite last month's vote to leave the European Union, his office said. Show More Summary

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