Developing

  • Treasury sells £500m Lloyds stake

    Press Association - Thu, Mar 26, 2015

    The Treasury has sold another chunk of its stake in Lloyds Banking Group, taking its holding in the bailed-out lender below 22%. More »Treasury sells £500m Lloyds stake

  • Taylor-Johnson quits Fifty Shades

    Press Association - Thu, Mar 26, 2015

    Film-maker Sam Taylor-Johnson has quit the Fifty Shades Of Grey franchise. More »Taylor-Johnson quits Fifty Shades

  • Taxpayer stake in Lloyds falls below below 22 percent

    Reuters - Thu, Mar 26, 2015

    The size of the stake owned by British taxpayers in Lloyds Banking Group has fallen below 22 percent, according to a regulatory filing on Thursday. The filing said the public shareholding of HM Treasury in the British bank has been reduced to 21.99 percent, in another significant milestone towards restoring the bank to full private ownership. On March 9, HM Treasury sold 500 million pounds worth of shares in the British bank, which left it with a 22.98 percent stake, falling from a 40 percent stake when it was rescued in 2009. More »Taxpayer stake in Lloyds falls below below 22 percent

  • London steps up fight for spoils from financial tech boom

    Reuters - Thu, Mar 26, 2015

    By Steve Slater LONDON (Reuters) - From the shabby streets of east London, some of the brightest minds in technology and banking are plotting a revolution. London's "Silicon Roundabout" has become one of the top hubs for financial technology - or fintech - where start-up firms are launching products to bypass traditional banks with phone apps and websites, or help financial firms adapt to a digital era. Investment in fintech firms in Britain and Ireland swelled to $623 million (418 million pounds) last year, more than double the $264 million seen in 2013 and representing 42 percent of fintech investment in Europe, according to research by consultancy Accenture released on Thursday. More »London steps up fight for spoils from financial tech boom

  • Abu Dhabi Airports CEO leaving to take up UK defence ministry role

    Reuters - Thu, Mar 26, 2015

    The chief executive of Abu Dhabi Airports is leaving after two years to take up a new role with the U.K. government, the company said on Thursday. Tony Douglas, who took up the role in 2013, will become chief executive of Defence Equipment & Support at the U.K’s ministry of defence, a statement from Abu Dhabi Airports said. Douglas leaves at a time when the Abu Dhabi International Airport is undergoing a multi-billion dollar re-development and expansion. More »Abu Dhabi Airports CEO leaving to take up UK defence ministry role

  • Food agency privatisation 'scandal'

    Press Association - Thu, Mar 26, 2015

    The privatisation of a government food research agency has been labelled "scandalous" by a Westminster special adviser. More »Food agency privatisation 'scandal'

  • Driverless cars 'to boost economy'

    Press Association - Thu, Mar 26, 2015

    Autonomous and driverless cars will help generate more than 300,000 jobs in the UK, according to new figures from the motor industry's trade association. More »Driverless cars 'to boost economy'

  • Kate: End child mental health taboo

    Press Association - Thu, Mar 26, 2015

    The Duchess of Cambridge has urged parents, teachers and healthcare workers to give child mental health the "focus it requires". More »Kate: End child mental health taboo

  • Councils seek anti-grooming powers

    Press Association - Thu, Mar 26, 2015

    Town halls have called for new powers to help them intervene to prevent children being groomed for sex. More »Councils seek anti-grooming powers

  • Prince Charles 'Black Spider Memos' Ruling Due

    Sky News - Thu, Mar 26, 2015

    The UK's highest appeal court is set to rule whether the government acted unlawfully by preventing the release of Prince Charles' so-called "black spider memos". The judgement from the Supreme Court is the latest step in a fierce 10-year legal battle to establish what the Prince has written to politicians about, and whether in the process he has overstepped the mark of political neutrality. In 2005, Guardian journalist Rob Evans submitted a Freedom of Information request to find out how many letters Prince Charles had written to MPs between September 2004 and April 2005. "There's a lot of talk and speculation about what Prince Charles writes to the Government about and I just think actually we should get to see those letters and be able to make up our own minds, whether or not we think he should be doing that and whether or not they're important," he said. More »Prince Charles 'Black Spider Memos' Ruling Due

  • Ashers Bakery In Court Over 'Gay' Cake Row

    Sky News - Thu, Mar 26, 2015

    A Christian-owned bakery which refused to ice a cake with the words "Support gay marriage" is preparing to defend its decision in a Belfast courtroom. The publicly-funded Equality Commission has brought a civil action, the first of its kind in Northern Ireland, against Ashers Baking Company from Newtownabbey, County Antrim. The Commission alleges that the bakery breached statutory duty not to discriminate on the grounds of sexual orientation in the provision of goods or services. They had declined Gareth Lee's order for a cake featuring Sesame Street puppets Bert and Ernie and the logo of the Belfast-based campaign group "Queerspace". More »Ashers Bakery In Court Over 'Gay' Cake Row

  • Battle of Britain pilots meet Queen

    Press Association - Thu, Mar 26, 2015

    The Queen will meet some of the last surviving Battle of Britain pilots from the Second World War today before later unveiling two statues of herself and the Duke of Edinburgh at Canterbury Cathedral. More »Battle of Britain pilots meet Queen

  • Dynasty's Joan Collins becomes dame

    Press Association - Thu, Mar 26, 2015

    Joan Collins is to be made a dame by the Prince of Wales in an investiture ceremony at Buckingham Palace. More »Dynasty's Joan Collins becomes dame

  • Final farewell to Richard of York

    Press Association - Thu, Mar 26, 2015

    Hollywood actor Benedict Cumberbatch is to read a specially written poem at the re-burial of Richard III. More »Final farewell to Richard of York

  • Pothole Repairs To Cost '12bn And Take 13 Years'

    Sky News - Thu, Mar 26, 2015

    Despite more being filled in, the Asphalt Industry Alliance (AIA) claims the cash spent on repairs in the last 12 months has been "wasted". Alan Mackenzie, chairman of the AIA, said: "Essentially, the money spent on filling the 2.7 million potholes reported is wasted - it is inefficient and short term in its effectiveness. "So, while we understand that the Department for Transport is promoting permanent repairs, the point remains that money would be better spent preventing potholes forming in the first place. Peter Box, transport spokesman at the Local Government Association, said: "Councils need billions, not millions, to bring our roads up to scratch. More »Pothole Repairs To Cost '12bn And Take 13 Years'

  • Police 'spied on Labour ministers'

    Press Association - Thu, Mar 26, 2015

    Police spied on Labour MPs including then home secretary Jack Straw and ex-Cabinet ministers Peter Hain and Harriet Harman during the 1990s, a former undercover officer has claimed. More »Police 'spied on Labour ministers'

  • Police investigate Clarkson attack

    Press Association - Thu, Mar 26, 2015

    Jeremy Clarkson faces an uncertain future and possible police action after being dropped by the BBC as host of Top Gear. More »Police investigate Clarkson attack

  • UK says failure to reach Iran nuclear deal could lead to Middle East arms race

    Reuters - Thu, Mar 26, 2015

    Failure to reach a deal on Iran's nuclear programme would mean a "fundamentally" more unstable Middle East and the prospect of a nuclear arms race in the region, British Foreign Secretary Philip Hammond said. Talks between major powers and Iran on Tehran's nuclear programme are due to resume in Switzerland later this week. It means a fundamentally more unstable Middle East, with the prospect of a nuclear arms race in the region." China, Russia, the United States, Germany, France and Britain are trying to reach a framework deal with Tehran by the end of the month that would restrict the most sensitive aspects of Iran's atomic programme in return for an easing of international sanctions. Iran denies that it wants to acquire nuclear weapons. More »UK says failure to reach Iran nuclear deal could lead to Middle East arms race

  • Germanwings Air Crash: Three Britons Killed

    Sky News - Thu, Mar 26, 2015

    Three Britons were among the 150 people killed in the French Alps plane crash, as search teams look for the second black box. The first flight recorder, which records conversations and other sounds in the cockpit, was found on Tuesday and investigators were able to extract "usable data" despite it being damaged. One of the British victims was 50-year-old Martyn Matthews, a senior quality manager from Wolverhampton. The father-of-two grown-up children is thought to have been travelling to Germany for a business meeting. More »Germanwings Air Crash: Three Britons Killed

  • England's Richard III, the 'villainous' king, gets ceremonial reburial

    Reuters - Thu, Mar 26, 2015

    By Michael Holden LONDON (Reuters) - Richard III, the last English king to die in battle and the country's most maligned monarch, will be re-buried on Thursday three years after his remains were found under a car park. Depicted by Shakespeare as a sadistic, crafty hunchback, Richard will be re-interred at Leicester Cathedral in central England some 530 years after he was slain at the Battle of Bosworth Field on Aug. 22, 1485. Following the battle, his naked body was thrown on the back of a horse, taken to Leicester and buried in a humble grave, without the dignity usually bestowed on a king. Despite reigning just 777 days, he still fascinates not just historians but ordinary people across the world, some of whom have travelled to Leicester to witness the ceremony. More »England's Richard III, the 'villainous' king, gets ceremonial reburial

  • Sacked Clarkson Could Face Police Action

    Sky News - Thu, Mar 26, 2015

    Jeremy Clarkson faces possible police action for an "unprovoked physical and verbal attack" that left a Top Gear producer with swelling and a split lip. Clarkson, 54, assaulted Oisin Tymon for around 30 seconds, while shouting "derogatory and abusive language" so loudly it could be heard in a hotel bedroom, a BBC report has found. The attack at the Simonstone Hall Hotel, in North Yorkshire, was only stopped when a witness intervened, BBC Director General Tony Hall said. Now North Yorkshire Police has asked the BBC for its report and said action will be taken "where necessary". More »Sacked Clarkson Could Face Police Action

  • Hammond warns on Iran nuclear talks

    Press Association - Thu, Mar 26, 2015

    Failure to achieve a deal over Iran's uranium enrichment programme could trigger a nuclear arms race in the Middle East, Philip Hammond has warned. More »Hammond warns on Iran nuclear talks

  • Think-tank warning on future of NHS

    Press Association - Thu, Mar 26, 2015

    The next government will inherit a health service that has run out of money and waiting times for patients are likely to get worse, according to a leading think-tank's review of the NHS under the coalition. More »Think-tank warning on future of NHS

  • New history GCSE topics revealed

    Press Association - Thu, Mar 26, 2015

    Teenagers could learn about the wars in Iraq and Afghanistan as well as the impact of migration on the UK as part of a new history GCSE. More »New history GCSE topics revealed

  • Girls 'less keen on sport after 7'

    Press Association - Thu, Mar 26, 2015

    Girls may become more self-conscious, lose confidence and stop playing sport after the age of seven, according to a Government-commissioned study. More »Girls 'less keen on sport after 7'

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