Posts tagged George Osborne

British finance minister warns of welfare cuts

0
in
British finance minister George Osborne has warned the government will clamp down on welfare claimants, shortly before he was expected to outline more spending cuts during his party conference speech. In an article for Monday’s Daily Mail, Chancellor Osborne and Work and Pensions Secretary Iain Duncan Smith stressed it was “no longer OK to opt out More >

Sunday shopping in UK to be extended for Olympic Games

0
in

THE Olympics are bringing longer Sunday shopping hours to England.

Britain’s government says restrictions on Sunday trading hours will be lifted during the games to maximise the economic benefit that the Olympics will bring to the country.

Currently, British law stipulates that shops larger than 280 square meters can only open for six hours More >

UK to offer cheap credit to boost lending

0
in

BRITAIN‘S Government and the Bank of England have outlined a series of emergency measures designed to kick-start lending by banks and to protect the country’s economy from the worsening debt crisis in the eurozone.

Treasury chief George Osborne said one program, to be launched within weeks, would offer British banks access to cheap multiyear More >

Go to Top