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Sample polymer five and ten GB pound banknotes are seen on display at the Bank of England in London

UK Employers Warn Government Of Gamble With Hike In Minimum Wage

A planned increase in Britain’s minimum wage represents a gamble on the part of the government and could curb job growth, a top representative of the country’s employers said. John Cridland, director-general of the Confederation of British Industry, said rising

austria

Thousands More Migrants Stream Into Austria From Hungary

About 3,700 people poured across the Hungarian border into Austria on Thursday, a police spokesman said, a big increase in the flow of migrants that will put extra pressure on Austrian authorities trying to arrange onward transport to Germany. Tens

china

China Deflation Risks Grow, Foreign Central Banks On Alert

The risk China’s economy enters deflation is growing, data suggested on Wednesday, as signs emerge that some foreign central banks are increasingly worried about the impact falling Chinese prices and a weaker yuan could have on their economies. New Zealand’s

drone strike

UK Drone Strike Killed British IS Fighters in Syria

Britain has killed two of its own nationals who had been fighting for Islamic State (IS) and plotting attacks on British soil, in its first air strike in Syria, Prime Minister David Cameron said on Monday. Despite not having a

EU referendum

Cameron Suffers Defeat Over EU Referendum Rules

Prime Minister David Cameron suffered an embarrassing defeat in parliament on Monday after Eurosceptic members of his Conservatives joined forces with Labour MPs to reject proposed rules for a European Union membership referendum. It was Cameron’s first parliamentary defeat since

Islamic state fundraiser

Islamic State Takes Syria’s Last Oilfield

(Reuters) Islamic State fighters have seized the last major oilfield under Syrian government control during battles over a vast central desert zone, a group monitoring the conflict said on Monday.

cyprus

Cyprus Says It Prefers Christian Refugees

European Union member Cyprus said on Monday it would be willing to take in up to 300 migrants fleeing upheaval in the Middle East under new EU quotas, but would prefer them to be Christians. The Mediterranean island of about

Farage

Farage Blames Merkel For Stoking Europe’s Migrant Crisis

German leader Angela Merkel has encouraged refugees to attempt perilous journeys to Europe by saying her country would take more asylum-seekers, the leader of Britain’s anti-European Union UK Independence Party (UKIP) said on Friday. Nigel Farage said he was horrified

austria

Migrants Stream into Austria, Swept West by Overwhelmed Hungary

Thousands of exhausted migrants streamed into Austria on Saturday, bussed to the border by a Hungarian government that gave up trying to hold them back as Europe’s asylum system buckled under pressure from the numbers reaching its frontiers. After days