George Osborne introduces new 'living wage' but cuts working-age benefits

George Osborne has unveiled an unexpected boost for low-paid workers, introducing a compulsory national “living wage” in a budget that also contained an assault on many of the measures introduced by Labour to tackle poverty.

David Cameron accepts EU treaty change delay

David Cameron has accepted there may be no change to the EU's treaties to accommodate Britain's demands ahead of a referendum, the BBC understands.

Osborne Accused of Smoke and Mirrors Over EU Payment

U.K. Chancellor of the Exchequer George Osborne hasn’t fooled the British public into thinking he won a reduction in a payment demanded by the European Union, the opposition Labour Party said.

Bank of England to unveil bank leverage ratio plans this month

(Reuters) - The Bank of England will tell lenders at the end of this month what their key measure of insulation against future crises should be, bringing forward a keenly-awaited announcement from 2015 after draft proposals worried banks and lawmakers.

Is Europe's troubled union really ready to change?

BRUSSELS (Reuters) - After six decades of relentless if incremental integration, might the European Union be about to go into reverse?

'UK should get out of the EU,' says former French PM

Britain should leave Europe because it is killing the European Union dream, a former French Prime Minister has said.

Exclusive: UK business lobby makes U-turn over Scottish anti-independence campaign

(Reuters) - Britain's most prominent business lobby group wants to reverse its decision to be an official campaigner against Scottish independence, after some of its members quit over its stance.

UK mortgage lending falls in February

Mortgage lending saw a surprise decline in February but credit conditions brightened for Britain’s smaller businesses, Bank of England figures showed today.

U.K.’s Osborne to Boost Home Building, Extend Help-to-Buy

Chancellor of the Exchequer George Osborne said he will extend the Help-to-Buy program for newly built homes until 2020, and announced plans for a garden city outside London to spur Britain’s housing supply.

UK real incomes to rise at last in 2014, says Bank of England official

British households can look forward to rising real incomes in 2014 after four years in which high inflation has outstripped wage increases, a Bank of England policymaker said.

Don't quit Europe, businesses tell U.K.

Should Britain quit the European Union? U.K. businesses overwhelmingly say "absolutely not."

Europe rows back on FTT plans

European countries pressing for a £30bn financial transaction tax are rowing back on their plans in the face of international opposition and concerns about the economic damage the levy could cause.