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Osborne’s ratings wane as UK economy set to worsen

London / AFP Britons’ satisfaction with Chancellor of the Exchequer George Osborne is waning as he prepares for his annual Budget amid warnings a slowdown in global growth could hurt the U.K. economy. Forty percent of people surveyed by Ipsos Mori are happy with his stewardship of the economy, down 4 points percentage points from July. Forty-six percent are dissatisfied, ...

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Merkel coalition backs resolution urging split of ECB duties

Berlin / Bloomberg German Chancellor Angela Merkel’s coalition backed a resolution calling for a complete separation of the European Central Bank’s supervision of financial institutions from its monetary policy role. The lower house of parliament on Thursday voted in favor of the motion, which also urges the government to ensure that small, lower-risk institutions such as cooperative and savings banks ...

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Cameron ready to reject bad EU ‘Brexit’ deal

Brussels / AFP British Prime Minister David Cameron threatened to walk away on Thursday from a “make or break” EU summit without a deal as his counterparts warned they would not pay any price to stop Britain crashing out of the bloc. “I’ll be battling for Britain. If we can get a good deal I’ll take that deal but I ...

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