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Search resuls for: "David Cameron"


9 mentions found


PARIS (Reuters) - Former French president Valery Giscard d’Estaing, a key architect of European integration who sought to liberalise the economy and social attitudes after years of conservative Gaullist rule, died on Wednesday. Giscard sought to project the image of a young, modern president who was closer to the people than his predecessors, inviting himself to dinner at ordinary folks’ homes and playing the accordion. Months before the referendum in 2016, he told Reuters his message to Britain was: “We love you. Giscard had said that although Diana was the inspiration behind the book, the story itself was pure fiction. For over three decades, Giscard held on to the title of France’s youngest president, until Emmanuel Macron blew apart the country’s political arena aged 39, nine years younger than Giscard was when elected.
Persons: Valery Giscard d’Estaing, Giscard, Helmut Schmidt, Socialist Francois Mitterrand, Edward Heath, David Cameron, Don’t, , Lady Diana, Diana, , ’ ” Giscard, Le, France’s, Emmanuel Macron Organizations: PARIS, Gaullist, West, European Monetary, Socialist, Britain, European Economic Community, European Union, Reuters Locations: Europe, West German, Britain, France, Netherlands
FILE PHOTO: Signage can be seen outside a Topshop and Topman store, owned by Arcadia Group, in central London, Britain June 5, 2019. REUTERS/Henry NichollsThe collapse of British businessman Philip Green’s Arcadia fashion empire into administration on Monday looks set to bring an inglorious end to a remarkable, and controversial, career. He had bought department store chain BHS for 200 million pounds in 2000, then Arcadia for 850 million pounds two years later and twice tried, and failed, to buy Marks & Spencer. After the pensions regulator pursued him, Green wrote a cheque for 363 million pounds in 2017 to help plug the BHS pensions fund hole. The collapse of the group is a bitter blow to Green, who has long prided himself on his financial acumen.
Persons: Henry Nicholls, Philip Green’s Arcadia, Queen, Tony Blair, David Cameron, Kate Moss, Sylvester Stallone, Lionheart, Beyonce, Green, Spencer, Leonard Green, Inditex’s Zara, Midas, Topshop, Dominic Chappell, Green’s, Tina, , Dorothy Perkins, Wallis, Miss Selfridge, Evans, Burton, lockdowns Organizations: Arcadia Group, REUTERS, Leonard Green & Partners, Carmel College, BHS, Arcadia, Lawmakers, Reuters Locations: London, Britain, British, Monaco, Arcadia, United States, York, Topshop, England
Timeline: The rise and fall of Philip Green's retail empire
  + stars: | 2020-11-30 | by ( James Davey | ) www.reuters.com + 0.00   time to read: +3 min
REUTERS/Phil NobleArcadia owns the Topshop, Topman, Dorothy Perkins, Wallis, Miss Selfridge, Evans, Burton and Outfit brands, trading from 444 leased stores in UK and 22 overseas. Here is a timeline of Green’s ownership of Arcadia:2002Green buys Arcadia for 850 million pounds, adding it to the BHS department store chain he paid 200 million pounds for in 2000. OCT 2009Arcadia reports a pretax profit of 214 million pounds for the 2008-9 year. APRIL 2016BHS (no longer under Green’s ownership) collapses into administration with a 571 million pounds hole in its pension fund. SEPT 2019Arcadia reports an after-tax loss of 169 million pounds for the 2017-18 year.
Persons: Philip Green’s, Phil Noble Arcadia, Dorothy Perkins, Wallis, Miss Selfridge, Evans, Burton, Green, Spencer, Tina, Topshop, David Cameron, Leonard Green, Arcadia Organizations: REUTERS, BHS, DEC, Green, Leonard Green & Partners, Ivy Locations: Philip Green’s Arcadia, Liverpool, Britain, Arcadia, Monaco, United States, New York, Topshop, Topman
UK cuts foreign aid spending commitment, causing outcry
  + stars: | 2020-11-25 | by ( Estelle Shirbon | ) www.reuters.com + 0.00   time to read: +2 min
LONDON (Reuters) - Britain reduced its foreign aid spending commitment on Wednesday to 0.5% of gross domestic product from 0.7%, causing an immediate outcry from international development organisations and the spiritual head of the Church of England. Britain's Chancellor of the Exchequer Rishi Sunak carries the "Spending Review 2020" document as he leaves Downing Street, in London, Britain, November 25, 2020. “Cutting the aid budget during a global pandemic is like closing fire stations during a heatwave,” said Patrick Watt, Director of Policy, Public Affairs and Campaigns at Christian Aid. The 0.7% target, originally introduced by Tony Blair when he was prime minister, was a commitment made by the ruling Conservative Party in the run-up to last year’s election and repeated by Prime Minister Boris Johnson. Prior to Sunak’s announcement, former prime ministers Blair and David Cameron had urged the government to retain the target.
Persons: Britain's, Rishi Sunak, Downing, Henry Nicholls, ” Sunak, , of Canterbury Justin Welby, , Patrick Watt, Danny Sriskandarajah, Tony Blair, Boris Johnson, Blair, David Cameron Organizations: of England, REUTERS, Twitter, Public Affairs, Christian Aid, Oxfam, Oxfam GB, Conservative Party Locations: Britain, London
And our economic emergency has only just begun,” he said, promising more money for health, infrastructure, defence and to fight unemployment. Britain’s budget watchdog estimated borrowing would be 394 billion pounds ($526 billion) in the 2020/21 financial year that began in April, slightly more than it predicted in August. “We have a responsibility, once the economy recovers, to return to a sustainable fiscal position,” he said on Wednesday. Sunak said the cost of his measures to fight the coronavirus was now 280 billion pounds for this year, up from a previous estimate of about 200 billion pounds. To meet Prime Minister Boris Johnson’s promise of “levelling up” growth around the country, 100 billion pounds will be spent next year on longer-term investments, 27 billion pounds more than last year.
Persons: Rishi Sunak, Frost ”, Sunak, , Goldman Sachs, Boris Johnson’s, Johnson, Paul Johnson, Canterbury Justin Welby, David Cameron Organizations: European Union, Conservative Party, Conservative, Institute for Fiscal Studies Locations: Britain, COVID, Europe, England, British
Britain warns tech firms over risks of China expansion
  + stars: | 2020-11-24 | by ( Reuters Staff | ) www.reuters.com sentiment -0.95   time to read: +2 min
FILE PHOTO: Caroline Dinenage arrives for Britain's Prime Minister David Cameron's first cabinet meeting at 10 Downing Street, in Westminster, London, Britain, May 12, 2015. REUTERS/Suzanne Plunkett/File PhotoLONDON (Reuters) - The British government launched a website on Tuesday warning digital and technology firms of the ethical, legal and commercial risks of expanding into China and accepting Chinese investment. Know the Challenge” the government website is designed as a guide for digital and tech firms, encouraging good practice and raising awareness of potential issues. “The UK is determined to support our businesses to engage with China in a way that reflects the UK’s values and takes account of national security concerns,” digital and culture minister Caroline Dinenage said in a statement. Alongside case studies, guides on how to conduct due diligence and links to specialist consultancies, the site contains some stark warnings.
Persons: Caroline Dinenage, David Cameron's, Suzanne Plunkett, Organizations: Britain's, Downing, REUTERS, British, Huawei Technologies Co, Huawei Locations: Westminster, London, Britain, China
Cutting aid budget would hit UK influence, two former PMs say
  + stars: | 2020-11-21 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +2 min
FILE PHOTO: Britain's former Prime Ministers Tony Blair and David Cameron attend a memorial service for Lord Paddy Ashdown at Westminster Abbey, in London, Britain September 10, 2019. “Abandoning the 0.7 target for aid would be a moral, strategic and political mistake,” Cameron, prime minister from 2010 to 2016 and a member of Johnson’s Conservative Party, said. The two former leaders argued that any move to cut spending on aid would undermine Britain’s position when it hosts the G7 summit in 2021. The decision comes as the country embarks on a new future outside the European Union. Blair, a Labour prime minister from 1997 to 2007 who introduced the 0.7% target, said the spending had tackled disease, boosted education and helped to increase living standards across large swathes of Africa.
Persons: Tony Blair, David Cameron, Paddy Ashdown, Chris J Ratcliffe, Boris Johnson, Johnson, Rishi Sunak, ” Cameron, Blair, , ” Johnson Organizations: Westminster Abbey, Telegraph, Johnson’s Conservative Party, European Union, Labour Locations: Westminster, London, Britain, British, Africa
Photos: Warren Buffett: His life in pictures Warren Buffett, the chairman and CEO of Berkshire Hathaway, attends an event in Washington, DC, in 2012. Hide Caption 4 of 43Photos: Warren Buffett: His life in pictures Warren Buffett stands in front of his childhood home in Omaha. Hide Caption 5 of 43Photos: Warren Buffett: His life in pictures Buffett teaches a class at the University of Nebraska-Omaha. Hide Caption 6 of 43Photos: Warren Buffett: His life in pictures Buffett married his first wife, Susan, in 1952. Hide Caption 39 of 43Photos: Warren Buffett: His life in pictures Buffett attends the world premiere of "Becoming Warren Buffett," a documentary about his life, in 2017.
Persons: Warren Buffett, Berkshire Hathaway, Buffett, Laila, Howard Buffett, Howard, Ernest, Laila Buffett, Warren, Doris, Hide, Susan, Peter, Salomon, Buffett's, Arnold Schwarzenegger, Michael Israel, Bill Gates, Barack Obama, Obama, doggedly, isn't, Astrid, David Cameron, Chris, Franklin, Ndamukong Suh, Charlie Munger, Hillary Clinton, Forbes Organizations: Berkshire, University of Nebraska -, Federal Reserve, Berkshire Hathaway, Omaha for Berkshire, California Gov, Wall Street, Schwarzenegger's, Kansas City Royals, Girl Scouts, Microsoft, White, British, Woodrow Wilson High, Washington, Forbes, Harlem Globetrotters, Buffett, Cleveland Cavaliers, Moon, NBA Locations: Washington , DC, Omaha , Nebraska, Omaha, University of Nebraska - Omaha, Omaha for, Woodstock, Trenton , New Jersey, New York, Berkshire, Illinois, Sun Valley , Idaho
Photos: Warren Buffett: His life in pictures Photos: Warren Buffett: His life in pictures Warren Buffett, the chairman and CEO of Berkshire Hathaway, attends an event in Washington, DC, in 2012. Hide Caption 4 of 43 Photos: Warren Buffett: His life in pictures Warren Buffett stands in front of his childhood home in Omaha. Hide Caption 6 of 43 Photos: Warren Buffett: His life in pictures Buffett married his first wife, Susan, in 1952. Hide Caption 38 of 43 Photos: Warren Buffett: His life in pictures Buffett listens as presidential candidate Hillary Clinton speaks during an event in Omaha in 2015. Hide Caption 39 of 43 Photos: Warren Buffett: His life in pictures Buffett attends the world premiere of "Becoming Warren Buffett," a documentary about his life, in 2017.
Persons: Warren Buffett, Omaha hasn't, Joe Biden, Buffett, Barack Obama, Hillary Clinton, Donald Trump, Trump, Biden, Biden's, Obama, Clinton, Berkshire Hathaway, Laila, Howard Buffett, Howard, Ernest, Laila Buffett, Warren, Doris, Hide, Susan, Peter, Salomon, Buffett's, Arnold Schwarzenegger, Michael Israel, Bill Gates, doggedly, isn't, Astrid, David Cameron, Chris, Franklin, Ndamukong Suh, Charlie Munger, Forbes, Mark Kelly, Martha McSally, I'm, Anthony Fauci, Joe Biden, Susan, Michael Israel, Dr. Anthony Fauci Organizations: CNN, Forbes, Bloomberg, Center for Responsive Politics, Berkshire, University of Nebraska -, Federal Reserve, Berkshire Hathaway, Omaha for Berkshire, California Gov, Wall Street, Schwarzenegger's, Kansas City Royals, Girl Scouts, Microsoft, White, British, Woodrow Wilson High, Washington, Harlem Globetrotters, Buffett, Cleveland Cavaliers, Moon, NBA, Democratic Congressional, Democratic, Republican, Responsive, Biden, Trump, Oracle, National Institute of Allergy, DC, Nebraska, Roberta, Howard and Susan, New Jersey, Idaho Locations: York, Omaha, Washington , DC, Omaha , Nebraska, University of Nebraska - Omaha, Omaha for, Woodstock, Trenton , New Jersey, New York, Berkshire, Illinois, Sun Valley , Idaho, America, Washington, Berkshire's, Omaha, Sun Valley, America, Washington
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