WASHINGTON — Standard & Poor's cut Spain's credit rating by one notch to "AA-" from "AA" with a negative outlook on Thursday, following downgrades to the country's top banks.
ATHENS (Reuters) - Greece's lenders are sending a team to Athensto inspect a government austerity plan they want implemented in exchange for aid, while Germany suggested a new bailout may have to be renegotiated.
LONDON (Reuters) - Prime Minister David Cameron is under growing pressure to abandon plans to cut police funding, part of the government's austerity drive, after the worst looting and rioting in decades hit cities across England.
BBC journalists began a second 24-hour strike on Monday in a row over job losses, threatening disruption to some of the broadcaster's flagship programmes.
