Archive for: February, 2011

The King’s Speech crowned with Oscars

A star encrusted night at the Oscars saw the British film The King’s Speech receive adulation from the film industry when it won four Oscars out of the twelve nominated categories it had been entered for.
Leading man Colin Firth won the Oscar for best actor while the film itself was voted [...]

Cost of living warning by Ed Miliband

Labour leader Ed Miliband is due to address a meeting of the Resolution Foundation in central London where it is understood that he will issue a warning that even if the UK economy improves low to middle wage earners will be hit by a “cost of living crisis”.
Suggestions have been made [...]

Rescue plan saves 150 people from Libya desert

Amidst the troubles and unrest surrounding the reign of Colonel Gaddafi two British RAF Hercules aeroplanes flew into the Libyan desert where they then rescued 150 workers who had been trapped there since the problems first broke out.
Both Britons and foreign national workers were amongst those rescued from the desert [...]

State of UK economy worse than first thought

Revised figures just released by the Office for National Statistics show that the last quarter of 2010 saw the UK economy had shrank more than previous data had suggested.
The economy during the last three months of 2010 suffered a downturn of 5% according to the previous figures and the bad weather which saw heavy [...]

Death toll in New Zealand earthquake includes two from UK

The count of victims to have died from the earthquake that struck the city of Christchurch in New Zealand has now risen to 98 including two people from the UK.
A statement from the Foreign Office confirmed that two UK citizens had been killed in the earthquake and that one of them was Gregory Tobin [...]

Search for missing people continues in New Zealand

Rescue teams have continued to search for trapped people in the city of Christchurch New Zealand after Tuesday’s 6.3 magnitude earthquake destroyed buildings and brought the city to a standstill.
The earthquake has been described as the worst natural disaster to hit the country in 80 years and with buildings brought tumbling [...]

Earthquake hits New Zealand

An earthquake measuring 6.3 on the Richter scale has hit the city of Christchurch on the South Island of New Zealand and there are already reports of 65 people that have been killed plus many more trapped beneath falling debris in what has been described as the worst natural disaster in [...]

Oil price rises in response to Libya unrest

The widespread violence and troubles that are happening in Libya have resulted in the price of oil rising with early Monday morning trading in Brent crude seeing a jump to $104.25 a barrel.
The European market relies heavily on the gas and oil produced in Libya causing the financial markets to increase [...]

Invitations sent out for royal wedding

An announcement has been made from St James’s Palace that the invitations for the wedding of Price William and Kate Middleton on 29 April have now been sent out over the last few days to approximately 1,900 guests.
It is believed that half of the invited guests that will be attending the [...]

Corporation tax payment of £113m by Barclays

Financial accounts released by banking giant Barclays showed that in 2009 they only paid £113 million UK corporation tax despite the fact that their profit for the year hit £4.8 billion.
The tax paid represented just 2.4 per cent of Barclays annual profit however took into account previous losses withstood by the bank in 2008 [...]

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