gordon brown

Gordon Brown has admitted he made a “big mistake” in the way he tackled financial regulation before the banking system collapsed.

Less than a week ahead of a meeting of the Group of 20 rich and developing nations in China, former U.K. Prime Minister Gordon Brown has urged the world's most powerful economies to seal a "global growth pact" to fight unemployment.

British Prime Minister Gordon Brown has called for serious consideration of a levy on financial activity to help insure the banking system from another crisis.

British Prime Minister Gordon Brown plans to announce a sale of government assets aimed at raising 3 billion pounds , his office said Monday.

The recession's toll on British government finances was highlighted Friday by official figures showing the government borrowed a record 16.1 billion pounds ($26.3 billion) in August, just days after Prime Minister Gordon Brown conceded that whoever wins the next election will have to take an axe to spending.