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George Osborne

Won't serve third term if re-elected: British PM David Cameron

British Prime Minister David Cameron has said that if his party were to win the general election he would serve…

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Amazon starts paying corporation tax on retail sales in UK

Amazon has become the first tech firm to discard practices that diverted profits and sales away from Britain. The online…

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UK: Changes to pension rules a 'revolution', says George Osborne

George Osborne, the UK Chancellor of the Exchequer, has hailed the changes to pension rules as a “revolution”. He said…

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UK government sells 40% stake in Eurostar for £757.1m

The British government announced its decision to sell its 40% stake in Eurostar to Patina Rail LLP for £757.1 million.…

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Royal Bank of Scotland posts £3.5bn loss for 2014

RBS has posted a yearly loss of £3.5 billion, down from the previous year’s £9 billion loss. The British state-owned…

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UK unemployment rate falls sharply

The unemployment rate in the UK has fallen to its lowest since the 2008 financial crisis, but there isn't much…

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