PM must guarantee minimum defence spending, says former RAF head

David Cameron must repair the damage to UK security by guaranteeing a minimum level of defence spending, the former head of the RAF has said.

David Cameron's next big battle - the EU referendum and a possible Brexit

As the City of London celebrates a Conservative victory, it must also face a referendum on the UK’s membership of the European Union.

U.K. March Retail Sales Unexpectedly Fall as Fuel Plunges

U.K. retail sales unexpectedly fell in March and the government undershot its borrowing forecasts in the latest fiscal year, providing a mixed set of data as parties spar over the economy in the final days of the election campaign.

David Cameron warns of looming second global crash

David Cameron has issued a stark message that “red warning lights are flashing on the dashboard of the global economy” in the same way as when the financial crash brought the world to its knees six years ago.

G-20 Plans $2 Trillion Growth Boost to Uneven Global Economy

Group of 20 leaders agreed to take measures that would boost their economies by a collective $2 trillion by 2018 as they battle patchy growth and the threat of a European recession.

David Cameron warns of more cuts – (many, many more, adds IFS)

Get ready for more cuts. That was the message delivered by David Cameron to the CBI’s annual conference when he warned that more savings would have to be found in the next parliament. Just how big those savings will need to be is still a matter of conjecture.

George Osborne faces backlash after branding charities ‘anti-business’

George Osborne has triggered a backlash from charities after he urged companies to defend the economy against their “anti-business views” and those of pressure groups and trade unions.

Most firms back EU trade rules, government report suggests

Most businesses feel European Union rules ensuring the freedom to trade goods with other members are "beneficial to the national interest", a government report suggests.

Prime Minister hails 'historic' global trade deal which 'will give £613billion boost to world economy'

Prime Minister David Cameron has hailed a 'historic' global trade deal which he said could be worth £1 billion a year to British businesses and be a 'lifeline' for the world's poorest people.

EU exit would be dreadful for Britain, says former PM Major

(Reuters) - A British exit from the European Union would be a dreadful decision that would cost billions of pounds and leave the world's sixth largest economy isolated, former Prime Minister John Major was quoted as saying on Friday.

Britain must stay in EU, says business lobby group

Britain's business lobby group will set out its "unequivocal" support for Britain staying in the European Union on Monday, claiming that membership brings each household some £3,000 a year.

G8 faces uncertain recoveries, turbulent markets

ENNISKILLEN, Northern Ireland — Europe is mired in debt and recession. Financial markets have hit violent ups and downs on fears that U.S. stimulus efforts may soon be scaled back.

UK unemployment falls by 5,000

UK unemployment has fallen by 5,000, the Office for National Statistics (ONS) has said. ONS data indicated 2.51 million people were out of work in the three months to April.

UK trade may struggle to stand still after EU exit

GENEVA: As British Prime Minister David Cameron struggles to accommodate eurosceptics in his own party, trade experts warn that quitting the European Union would force Britain not just to rework trade relations with the EU, but also with the EU's trade partners and probably the World Trade Organization.

Britain faces 'sink or swim moment' in global economic race, says David Cameron

The Prime Minister said the Government is driving through tax reductions, welfare reforms, infrastructure investment and trade deals to ensure the UK stays competitive globally.

European leaders inch towards deal on EU budget

European leaders are inching towards a deal on the EU's new seven-year €1tn (£860bn) budget that should allow David Cameron to argue he has succeeded in forcing a real cut in Brussels spending.

Pound hits 9-week low vs dollar as UK economy worries grow

LONDON: Sterling fell to an nine-week low against the dollar and held close to a 10-month low versus the euro on Friday after weaker-than-expected retail sales data added to concerns about a struggling British economy.

Ireland urges Britain to be cautious with EU ties

(Reuters) - Ireland, which holds the presidency of the European Union for the next six months, urged Britain not be too adversarial in pushing for change in its relationship with the EU on Tuesday, saying it should remember its close history in Europe.

European Union Exit? Concerns Grow for Britain

LONDON — Is Britain moving inexorably toward the European Union’s exit door?When the European Union unexpectedly won the Nobel Peace Prize this month, the leaders of Germany, France and Italy spoke of their pride.

Britain's 'voice was heard' at EU summit, says David Cameron

Mr Cameron declared himself frustrated yesterday that the priorities of a group of 12 EU states, including the UK, had been ignored in the draft communique for the European Council summit in Brussels, in favour of proposals from France and Germany.