The UK News
TheUKNews.com Friday 12th March 2010 Volume 071/2010
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BA strike to go ahead after talks failureBA strike to go ahead after talks failure
There has been no agreement reached between British Airways and the Unite...


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UK bank has better time in 2009UK bank has better time in 2009
The Northern Rock bank in the UK has announced good progress throughout 2009 as it prepares to be...
Local Effort To Get Ryan Miller Key To The City
Ryan Miller brought home the silver, and became a national star. Now one Western New Yorker wants him to get something else, a key to the...
Toyota Staff Memo On 'safety Sacrifices' Handed To Us Investigators
END: Module - M24 Article Headline with landscape image (d) --> BEGIN: Module - Main Article --> Toyota was forced yesterday to hand over to US congressional investigators a...
Bp May Have A Fight To Keep $7bn Deal On Tap$
END: Module - M24 Article Headline with no image --> BEGIN: Module - Main Article --> BP was last night preparing for a possible legal battle over a giant oilfield in the Caspian Sea as...
Prudential Boss Caught Up In The Snub That Wasn’t
END: Module - M24 Article Headline with no image --> BEGIN: Module - Main Article --> A major fuss erupted yesterday over the postponement of meetings today between Prudential and some...
Fast-speed Trains Are A Chance To Revive Our Stations
END: Module - M24 Article Headline with no image --> BEGIN: Module - Main Article --> The railway had no precedent. Its arrival caused a mixture of mania and dismay. George Godwin, the...
Telecoms Tycoon Carlos Slim Helu Is World’s Richest Man
END: Module - M24 Article Headline with landscape image (d) --> BEGIN: Module - Main Article --> The Mexican telecoms magnate Carlos Slim Helú has been named the world’s ...
Barclays Diamond Optimistic On Fixed Income
Fixed income trading powered banking industry's recovery from the financial crisis, but results dipped in the fourth quarter of 2009, causing some analysts to question whether the upward trend was...
Global Stocks Rebound On Economic Optimism
(Reuters) - Global stocks rebounded and oil edged higher on Thursday on renewed optimism over the U.S. economy, overcoming a scare that interest rates may be heading higher because of an inflation...
Hsbc Data Theft Hits 15,000 Rich Customers
Banking giant HSBC has apologised after revealing that details of 15,000 wealthy customers who held accounts with its Swiss private bank were stolen by an employee. The bank had previously said...
Rail Workers Back Strikes In Union Ballot
The threat of Easter train travel disruption is looming after the RMT union said a ballot of Network Rail maintenance workers showed 77% supported strike action. The Rail Maritime and Transport...
Ex-lloyds Boss Sir Brian Pitman Dies Aged 78
Tributes have been paid to Sir Brian Pitman, one of Britain's leading bankers who has died at the age of 78. The former chairman and chief executive of Lloyds TSB died in hospital after suffering a...
Msn Launches New On-demand Video Player
MSN has launched a new video-on-demand service which will allow viewers in the UK to watch more than 1,000 hours of popular TV shows. MSN Video Player was piloted in August last year, with a much...
Pink Floyd Win Download Royalty Battle
Pink Floyd have won a ruling at the High Court barring record company EMI selling single downloads from their concept albums. The band have been apparently successful over a challenge on the level...
3d Potter Would Be Cineworld's Dream Ticket
Cinema chain Cineworld says it hopes a rising trend for 3D films - which may include Harry Potter and the Deathly Hallows - will help it build on a "phenomenal" 2009. The firm said it welcomed...
Former Lloyds Chairman Sir Brian Pitman Dies
END: Module - M24 Article Headline with no image --> BEGIN: Module - Main Article --> Sir Brian Pitman, the City heavyweight banker and former Lloyds TSB chairman, died early this...
Lehman Examiner To Make Report Public
(Reuters) - The court-appointed examiner who investigated the collapse of U.S. investment bank Lehman Brothers Holding Co is set to make his report publicly available, after a judge ruled he could do...
Ex Lloyds Boss Sir Prian Pitman Dies Aged 78
Tributes have been paid to Sir Brian Pitman, one of Britain's leading bankers who has died at the age of 78. The former chairman and chief executive of Lloyds TSB died in hospital after suffering a...
Banks To Weigh In On Obama Tax Idea
(Reuters) - The banking industry will tell Senate tax writers on Friday they oppose a plan by U.S. President Barack Obama to tax big banks to recoup about $100 billion (66.5 billion pounds) in...
Conservatives Promise Superfast Internet
(Reuters) - Investing in a high-speed Internet network would open up a new global trade route for Britain, boosting economic recovery and creating thousands of jobs, the Conservatives said on...
No Plans For "christmas Tree" Budget
(Reuters) - Chancellor Alistair Darling said on Thursday that he did not plan generous giveaways in his March 24 budget, and that plans to halve the budget deficit over four years were...
Ex-cazenove Partner Gets 21 Months Jail
(Reuters) - A former partner of Cazenove, known as the Queen's stockbroker, was jailed for 21 months on Thursday for making more than 100,000 pounds from buying shares in companies just before...
Glance-ftse Closes Lower, Weighed Down By Miners, Banks
By Tricia Wright LONDON, March 11 (Reuters) - Britain's top share index closed 0.4 percent lower on Thursday, pressured by miners and banks after data revived concerns about monetary tightening in...
Ex-cazenove Banker Sentenced To 21 Months
Malcolm Calvert, the former Cazenove banker convicted of insider dealing earlier this week, was today sentenced to 21 months in prison. Calvert, known as Streaky because of his habit of...
Ex-cazenove Partner Jailed For 21 Months
END: Module - M24 Article Headline with no image --> BEGIN: Module - Main Article --> Malcolm Calvert, a former partner at Cazenove, has been sentenced to 21 months imprisonment for...
Court Bars Emi From Selling Pink Floyd Downloads
END: Module - M24 Article Headline with landscape image (d) --> BEGIN: Module - Main Article --> Pink Floyd won a ruling at the High Court today that will prevent its own record...
Dubai Rallies As Debt Deal Seen Near
(Reuters) - Dubai's market rallied to seven-week highs on Thursday on hopes for a Dubai World debt deal while some major creditor banks halted internal trading in the firm's instruments, signalling...
Europe Carmakers Seen Facing Lower Sales
(Reuters) - Carmakers in the European Union will face falling sales this year after their output dropped 17 percent in 2009 due to the economic crisis, an auto association said on Thursday. Forecasts...
Many Firms Queue Up For London Stock Exchange Listing
Hyderabad, March 11 : Fuelled by their global ambitions, several Indian companies from an array of sectors are seeking to get listed on the London Stock Exchange to reap benefits from the liquidity...
Air France-klm Sues Ryanair Over 'subsidies'
END: Module - M24 Article Headline with no image --> BEGIN: Module - Main Article --> European airport authorities subsidise Ryanair to the tune of at least €11 per passenger,...
Johnston Press Warns Of Fresh Jobs Cull
END: Module - M24 Article Headline with no image --> BEGIN: Module - Main Article --> Johnston Press warned today that further job losses at the regional newspaper group were...
Nokia Patents The First Self-charging Phone
END: Module - M24 Article Headline with no image --> BEGIN: Module - Main Article --> You’re at work, on holiday, or halfway through a vital conversation about last ...
Top Pru Investors Warm To Aia Deal
Thiam, who has been meeting UK investors this week to explain the merits of the blockbuster deal, appears to be winning over sceptics, they...
Rmt Backs Strike Over Maintenance Jobs
"Nobody should be under any illusions about just how determined RMT members are to win this dispute and to stop this reckless gamble with rail safety," RMT General Secretary Bob Crow said in a...
Hsbc Admits Huge Scale Of Swiss Data Theft
END: Module - M24 Article Headline with no image --> BEGIN: Module - Main Article --> An estimated 24,000 clients of HSBC Private Bank in Switzerland had personal details stolen in...
Inflation Worries Stay Muted In February
END: Module - M24 Article Headline with no image --> BEGIN: Module - Main Article --> Consumers expect inflation to fall back to 2.5 per cent over the next year, figures indicate...
Pound Rises But Negative Sentiment Prevails
(Reuters) - Sterling rose on Thursday after a slight uptick in inflation expectations, though analysts still expected economic and political concerns to keep the pound under pressure ahead of an...
Glance-ftse Off 0.4%; China Tightening Fears Hit Miners
By David Brett LONDON, March 11 (Reuters) - Britain's leading share index fell 0.4 percent by midday on Thursday as heavy falls in miners, weighed by fears of monetary tightening in China, outpaced...
Northern Rock Reports Bad Debt Rising By 17%
Nationalised bank Northern Rock wrote off more than £1bn during 2009 as the number of people defaulting on their debts soared, figures showed yesterday. Losses on bad debts reached...
Shift In Index-linked Gilt Strategy Needed
Though you wouldn't think it from the hysterical warnings we have been hearing of late about the dangers of a credit rating downgrade, the UK has a little time to get its finances in order. ...
Budget Is A Real Waste
With Gordon Brown yesterday having set March 24 as Budget Day, it's a little late to be offering this advice, but here goes anyway: let's not bother with a Budget this side of the General Election...
Barclays May Be Pushing Its Luck In Us Bid
Less than two years ago, everyone assumed Barclays would join Royal Bank of Scotland and Lloyds Banking Group in taking a bailout from the Government. Having avoided that fate, its recovery...
Companies Aiming For New Us Trade Links
Around 20 companies are US bound next week on a trade mission with Enterprise Minister Arlene Foster. Wrightbus, Randox Laboratories, Almac and Dale Farm are among the big names travelling...
Ftse Reshuffle Promotes Investec
Banking group Investec is to join the FTSE 100 following the latest reshuffle of the UK stock market indexes.Investec will replace Resolution - the company which bought insurance company Friends...
'smoking Gun' Memo Reveals Toyota Workers' Safety Fears
END: Module - Module - M24 Article Headline with portrait image (b) --> BEGIN: Module - Main Article --> Toyota was forced today to turn over to United States congressional ...