Britain faces a crisis that could end with the world's sixth largest economy leaving the European Union, Deputy Prime Minister Nick Clegg warned ahead of a showdown over budget spending with other states in the 27-member bloc.
British Prime Minister David Cameron is under pressure to reassert his authority over a Conservative Party reeling after a week which saw the resignation of a senior minister and claims of incompetence and elitism at the heart of his government.
Britain must cut its budget deficit and fix its economy or face long-term decline, Conservative Prime Minister David Cameron will say on Wednesday, seeking to convince voters that his austerity plan is the only way forward.
Conservative leader David Cameron became on Tuesday the new UK prime minister after the resignation of Gordon Brown. Mr Cameron, 43, entered 10 Downing Street after travelling to Buckingham Palace to formally accept the Queen's request to form the next government.
British Prime Minister Gordon Brown has announced he will step down as Labour leader by September, as his party opens formal talks with the Lib Dems about forming a government.
Negotiators for Conservative David Cameron and Liberal Democrat Nick Clegg completed their third session in search of a deal to form a new British government as they faced pressure to reassure investors over political stability.
Conservative leader David Cameron has reached out to the Liberal Democrats in an effort to form a government after the UK general election resulted in a hung parliament. The Tory leader, whose party won most seats but was short of a majority, said he wanted to make a “big open and comprehensive offer” to the Lib Dems.
British Conservative Leader David Cameron said the Labour government has lost its mandate to govern, as exit polls suggested the Tories have won the largest number of seats in Britain's national election, but will not gain a majority.
All three British main parties will have reason to be disappointed if the Guardian/ICM eve-of-poll survey is reflected in election results Thursday night. The Conservatives are set to fall well short of the convincing majority that, not long ago, seemed within their grasp. Labour faces one of its lowest votes of modern times and the Liberal Democrats may fail to make their hoped-for breakthrough to second place.
British Prime Minister Gordon Brown made on Thursday a plea to voters not to risk change as he sought to salvage Labour's election campaign in the final TV debate before polling day.