Lawmakers say UK losing clout in shaping EU financial rules
Britain's clout in the European Union is weakening just when plans for a capital markets union present a "golden opportunity" for London's financial sector, UK lawmakers said on Monday.
Britain's clout in the European Union is weakening just when plans for a capital markets union present a "golden opportunity" for London's financial sector, UK lawmakers said on Monday.
The British government said it was reviewing security procedures after a hoax caller claiming to be the director of Britain's GCHQ eavesdropping agency was put through to Prime Minister David Cameron on Sunday.
As world leaders flew to Saudi Arabia to mark the death of King Abdullah, several prominent British politicians criticized the deference shown to the leader of a country accused of having a poor human rights record.
U.S. President Barack Obama will visit Saudi Arabia on Tuesday to meet its new King Salman after the death of his predecessor Abdullah on Friday, testimony to Riyadh's important role in energy markets and the fight against Islamist militancy.