- U.S., China race to finish line on ‘invisibility cloak’
- Obama ‘cavalier’ in hiding foreign aid order, judge rules
- Prince Charles: Muslims are driving Christians from Mideast through persecution
- Gitmo’s first commander: Close the prison down
- Google’s newest photography find: Just wink and shoot
- Detroit’s Heidelberg art project hit by 8 fires in 8 months
- Pa. police pull people over for random DNA tests for feds
- NASA pushing hard to get back into space game
- Harvard student to face federal charges for bomb hoax
- Ronnie Biggs of ‘Great Train Robbery’ fame dies, 84
Latest George Osborne Items
European leaders, under the gun of a withering financial crisis, are actually proposing and carrying out drastic cuts, provoking the kind of public backlash that inspires fear in U.S. politicians.
Britain's Treasury chief unveiled on Tuesday the toughest cuts to public spending in decades, a raft of tax rises and a new levy on banks in an emergency budget aimed at restoring the country's ravaged public finances.
Britain announced the toughest cuts to public spending in decades and new tax increases on Tuesday in an emergency budget aimed at sharply reducing the country's record debts.
LONDON (AP) — British Treasury chief Alistair Darling said yesterday that ailing mortgage lender Northern Rock would issue state-guaranteed bonds to repay billions in emergency government loans, asserting that a private-sector rescue without government help was impossible.