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Breaking News Mon, 8 Feb 2010
British Shadow Chancellor, George Osborne speaks to the media as he leaves the HM Treasury after a meeting with the Chancellor, Alistair Darling, on the financial crisis, London, Tuesday, Sept 30,
(photo: AP / Sang Tan)
Britain must take a cold, hard look at itself
The Times
| It is encouraging to see that a serious debate has been joined about the future direction of the British economy. Describing a "new economic model" yesterday, George Osborne, the Shadow Chancellor, outlines important policies that are a real step forward and aim to "build a more balanced economy";...
A summer Lehman Brothers
(photo: Creative Commons / Edgar Zuniga Jr.)
Paulson repeats claim that Britain 'screwed' US over Lehman rescue
The Times
| Henry "Hank" Paulson repeats his accusation that Britain "screwed" the US over the rescue of Lehman Brothers, in the former Treasury Secretary's keenly awaited book, released today. | In On the Brink, the first book by a key player in America's $700 billion banks bailout, Mr Paulson concentrates o...
Santander mulls over partial sale of UK banking business
The Independent
| BANCO Santander, Europe's second biggest banking group, is considering a partial flotation of its British businesses. | The move - which could value the operation at £15bn - would help to fund its attempt to buy Royal Bank of Scotland's Williams & ...
Totally potty: Why Britain's streets are riddled with more potholes than ever
The Daily Mail
  | They are famous for their potholes around here. 'Dr Foster went to Gloucester in a shower of rain,' goes the children's nursery rhyme. 'He stepped in a puddle right up to his middle and never went there again.' | Should Dr Foster be persuade...
Big shot: Dan Labbad, UK Green Building Council
The Times
| Dan Labbad, incoming chairman of the UK Green Building Council, does not fit the stereotype of the expatriate Australian living in London, in so much as he does not live in Earl's Court and does not watch rugby. The Sydney-born 38-year-old chief ex...
Manufacturing will forge Britain's recovery – if politicians allow it to
The Observer
| The adventurer Ranulph Fiennes was an appropriate choice of after-dinner speaker at the biennial gala evening of the manufacturing lobby group the EEF last week. His tales of perilous – and financially precarious – expeditions into hostile terr...
 nokia - mobile phone - cell phone industry - am1
WN / aruna1
UK High Court rules in favour of Nokia against IPCom
DNA India
| HELSINKI: The world's top mobile phone maker Nokia said on Monday the UK High Court had ruled in its favour in a patent dispute with IPCom, and it would now seek to recoup le...
Expo 2005 Corporate Pavillion Zone and Flags. Aichi Prefecture.Aichi's industrial output is higher than any other prefecture in Japan: the prefecture is known as the center of Japan's automotive and aerospace industries.
Creative Commons / Thorsten S
UK aerospace industry thrives but needs skilled young people
The Times
| Sir, The state of engineering in the UK may be in decline in some sectors but it is not as bad as perceived by some of your readers (" 'Creativity' mantra will not fix demise of ...
Men walk at the HSBC headquarters in Hong Kong Tuesday, Nov. 18, 2008. HSBC Holdings PLC, Europe's largest bank by market value, plans to cut 500 jobs in Asia due to the global economic slump.
AP / Kin Cheung
UK banks face $10bn bill from US over bailouts
The Times
| Three British banks may have to pay more than $10 billion (£6 billion) to the US Government as part of its crackdown on financial institutions bailed out by taxpayers (see Commen...
Builders are luckiest people in UK
Building
| Construction workers top list of lottery winning professions, with more than £1bn-worth of prize cash | One might have thought that construction was not the most financially secure industry, particularly in the current economic climate, but when i...
UK property firm Liberty ponders demerger
Business Report
  | * Plans to split portfolio into retail, London businesses | Submit your comment | Liberty International, Britain's biggest shopping mall owner, is looking at splitting its portfolio into two separate listed companies as it battles to bounce ...
UK, India near accord on civil nuclear cooperation
The Star
| LONDON (Reuters) - Britain and India have reached an outline agreement on nuclear energy cooperation and are looking at expanding ties in defence manufacturing, British Business Secretary Peter Mandelson said on Thursday. Britain's Business Secreta...
'Gas storage key for UK'
Upstream Online
| The UK has access to adequate gas supplies but needs to improve its infrastructure and storage to ensure it can be distributed better, BP chief executive Tony Hayward said today, adding he believed world oil demand will peak after 2020 at a maximum...
Britain's road network in multi-million pound pothole pit as winter ravages roads
The Daily Mail
| Britain's fragile road network has been left plunging into a multi-million pound pothole pit, experts claim. | The number of potholes littering the nation's roads is estimated to have leapt by 60 per cent in the wake of a double whammy of icy winte...
Stock Market
An investor trades online at a private securities company Friday July 31, 2009 in Shanghai, China.
(photo: AP / Eugene Hoshiko)
European stocks rally despite debt fears
Syracuse
| (AP) - LONDON - European markets rebounded Monday as investors looked past a slump in Asia and set aside worries about debt problems in countries like Greece and Portugal to buy into stocks made cheaper by last week's vicious sell-off. | Sentiment remains balanced on a knife's edge, however, with hope for a bailout for Greece weighed against fear...
Economy
Cast member Brad Pitt, right, and Angelina Jolie arrive at the premiere of "Inglourious Basterds" in Los Angeles on Monday, Aug. 10, 2009.
(photo: AP / Matt Sayles)
Lawyer: Pitt and Jolie sue over split claim
Syracuse
| (AP) - LONDON - Brad Pitt and Angelina Jolie have begun legal action against a British tabloid that reported the celebrity couple was going to split, a lawyer acting on their behalf confirmed Monday. | Keith Schillings, of London-based Schillings lawyers, said in a statement that the couple had begun legal proceedings against the News of The Worl...



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