Spanish Prime Minister Mariano Rajoy celebrated the financial rescue deal struck between eurozone leaders and Greece earlier this month as "good news".
A deputy governor of the Bank of England has warned against watering down financial services regulation to boost short-term growth, in what some will see as a rebuke to the government.
Britain's relationship with the EU should return to the concept of a “single market of free trade” following the renegotiation of the country's membership, George Osborne has pledged.
Ministers are considering scrapping “regressive” pension tax breaks for higher earners, amid claims that executives at the UK's biggest companies already plan to stop saving for their pensions.
LONDON - The British oil giant BP said on Tuesday that it lost $5.8 billion in the second quarter, reflecting a huge settlement over the 2010 Gulf of Mexico oil spill.