Chancellor Darling's foisting a panel of crack advisers on the Bank of England to raise the alarm about any Northern Rock-like dangers. The changes, says Darling, are to "restructure it [the BoE] so that one of its core purposes is the maintenance of financial stability". Right. What's more, the...
Motorists will not have to pay 2p extra on a litre of fuel after Alistair Darling announced plans to suspend the tax rise due in October. The Chancellor's move followed a backlash from motorists and hauliers over the remorseless rises in prices at the pumps. But he...
At least 18 universities are setting their own admissions tests because they believe they can no longer rely on A-level results alone to gauge a candidate's ability, a report reveals today. Universities UK - the body representing vice-chancellors - estimates that one in seven of its 132 members has introduced...
Ann Abraham, the Parliamentary Ombudsman, will order the Government to apologise and pay billions of pounds in compensation to the thousands of policyholders who lost out due to the collapse of Equitable Life, accusing both the current and previous governments of presiding over a "decade of regulatory failure". ...
In acknowledgment of his many notable achievements and contributions in politics, public service, and international business and trade, the UK's University of Warwick today recognized the Honourable Pierre Pettigrew with an Honourary Doctorate of Law at its summer degree congregation. "Pierre has a formidable reputation as someone who understands the...
Affiliation Will Provide National's Diverse Student Population with Access to Doctoral Degree LA JOLLA, Calif. -- The National University System today announced that Pleasant Hill, Calif.-based John F. Kennedy University will become the newest affiliate of the National University System. The affiliation will provide National University System students...
Export Development Program Helps Promote Sales of American Craft Beer in the U.S. BOULDER, Colo. -- Beer from American craft brewers flowed in Berlin as dignitaries from Germany and the U.S. gathered to open the new U.S. Embassy on the Pariser Platz square. The July 4th event was...
"It's written by guys who happen to be gay who are sluts. You have a bunch of guys who are sluts, writing for women and telling them they are supposed to act like this." --Former model Lauren Hutton, talking about Sex and the City on the Today show,...
Charlie won't be going back to law school When Lord Goldsmith snagged a lucrative position at US law firm Debevoise & Plimpton, the deal was not without its complications: the former Attorney General was forced to return to the classroom and sit his Qualified...
New financial services group launched *Alistair Darling is to announce the launch of a new financial services global competitiveness group, which will aim to ensure that London maintains its place as one of the world's leading financial centres. The group will be jointly chaired by Sir Win...
BERLIN AFP — Chancellor Angela Merkel issued a contentious call Sunday to slow Germany's planned phase-out of nuclear energy, amid growing fears it will be impossible to slash greenhouse gas emissions without it. Germany plans to mothball the last of its 17 nuclear power plants, which emit no...
Bank depositors will be compensated in full for the first 50,000 of their savings under a new protection scheme, but the banks have won their argument against putting up cash in advance. The banks had opposed a US-style fund for bailing out customers of failed banks that...
Savaged for reacting slowly to the Northern Rock affair, the Governor of the Bank of England has managed to come out of the crisis stronger, winning new powers from the Government and his own choice of deputy. Richard Northedge reports Given the Bank of England's failure to...
THE WEEK IN POLITICS "You are dogged," a frustrated George Bush told Gordon Brown as he insisted on getting the precise wording he wanted in the statement G8 leaders issued at their summit in Japan. Doubtless, the US President would have preferred the more...
Yet another of Gordon Brown's chickens will be coming home to roost next week, when the Parliamentary Ombudsman, Ann Abraham, publishes a new, damning report that will lay the blame for the collapse of Equitable Life firmly at the feet of the Government. In her conclusion, she...
Despite furious denials, suspicion is growing that President George Bush has put pressure on the German Chancellor Angela Merkel to block a proposed speech by Democratic presidential candidate Barack Obama at the Brandenburg Gate this month. The Obama campaign is remaining tight-lipped about the controversy, saying yesterday...
BERLIN AFP — German Chancellor Angela Merkel issued a personal appeal for the immediate release of three Germans kidnapped in Turkey earlier this week by Kurdish rebels, in an interview to appear Sunday. "I call on the kidnappers to immediately release the three Germans," she said in Sunday's...
The Bank of England held interest rates at 5 per cent yesterday as policymakers grappled with a combination of slowing economic growth and surging inflation. The Monetary Policy Committee's widely forecast decision to keep borrowing costs on hold had little effect on the markets, which expect the...
WASHINGTON AFP — The White House Friday refused to comment on reports it told top German officials it opposed the idea of Democratic presidential hopeful Barack Obama giving a speech at Berlin's Brandenburg Gate. "I'm not going to comment on any conversations," said White House press secretary Dana...
SAN FRANCISCO -- The glass ceiling finally seems to be shattering. Hillary Rodham Clinton nearly snagged the Democratic presidential nomination. Danica Patrick became the first female winner in IndyCar history. German Chancellor Angela Merkel has emerged as a major figure in world affairs. Eva Chen smiles...
Articles 2008-07-11
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