AUG
14
2007

Inflation drop takes pressure off interest rates

UK inflation fell below the Bank of England´s 2 per cent target for the first time in more than a year, raising a question mark over whether the interest rate will be increased to reach 6 per cent.

AUG
14
2007

Nokia warning over 46 million overheating mobile phone batteries

Users of Nokia mobile phone have been advised to check their handsets after the company said today that it would replace 46 million batteries after about 100 of the components overheated while being recharged.

AUG
13
2007

Rail firm’s legal threat to silence passenger watchdog

Britain’s worst-performing train company tried to silence the official passenger watchdog by threatening to sue it for libel for making a complaint about its poor performance.

AUG
13
2007

Police issue on-the-spot penalty fines once every three minutes

On-the-spot fines for crimes such as being drunk and disorderly, destroying property and shoplifting are being issued at a rate of one every three minutes, according to latest police figures.

AUG
13
2007

NatWest Three cry foul over witnesses

Lawyers for the three former NatWest executives caught up in the Enron scandal have levelled an astonishing series of allegations against London solicitors representing the bank’s parent, RBS.

AUG
13
2007

Brown’s poll advantage increases pressure to call an early election

Gordon Brown is facing pressure from within his party to call a snap general election after his leadership “bounce” yesterday grew into Labour’s biggest poll lead since before the Iraq war.

AUG
13
2007

ICI goes Dutch in £8bn deal with Akzo Nobel

ICI, the FTSE 100 chemicals group, has agreed an £8 billion cash sale to Akzo Nobel that will bring together the makers of Dulux and Crown paint.

AUG
13
2007

Bank of England breaks silence on credit crunch

The Bank of England (BoE) has spoken out for the first time on the growing credit crisis by reiterating that banks can borrow from its unlimited credit facility if they need to increase liquidity.

AUG
10
2007

ECB pumps in cash as global markets plunge

The European Central Bank said today that it lent a further €61 billion (£41.3 billion) to the banking system as world equity markets continued to plunge amid mounting tension in the credit markets.

AUG
10
2007

Chief vet rules out vaccination against FMD

The Government´s chief vet today ruled out the immediate use of vaccinations to protect animals at risk in the current outbreak of foot-and-mouth disease as it was revealed that none of the 362 livestock culled as a precaution on Wednesday was infected.

AUG
10
2007

Ex-millionaire seeks mercy in double-murder case

Former British millionaire Krishna Maharaj once lived the high life, but now spends his days swatting flies from his face and talking about the "grave injustice" that landed him behind bars more than 20 years ago.

AUG
10
2007

Another dark day looms for stocks

Markets sell off around the world as credit crisis intensifies; Wall Street set for deeper losses after Dow suffers second worst day of ´07.

AUG
10
2007

Gay voters scrutinize Democrats in TV fórum

Six Democrats running for the White House made some history on Thursday night as they debated such issues as same-sex marriage versus civil unions in an unprecedented nationally televised forum directed at gay voters.

AUG
9
2007

Judge blocks Anna Nicole Smith breast surgery vídeo

A judge has issued a temporary restraining order that prevents the release of a 1994 videotape documenting a breast augmentation surgery for Anna Nicole Smith.

AUG
9
2007

J&J sues Red Cross over red cross

Consumer products company files lawsuit, alleges that use by relief organization disrupts a century-old understanding.

AUG
9
2007

Rule change ‘cheats’ skilled migrant workers

Thousands of skilled immigrants face deportation after the Government unlawfully and unfairly changed the rules allowing them into the country, a parliamentary committee says.

AUG
9
2007

Aviva profits swamped by £400m flood bill

The UK´s largest insurer reveals a 34 per cent decline in UK profits after ´some of the worst floods in living memory´

AUG
9
2007

BNP freezes $2.2 bln of funds over subprime

France´s biggest listed bank, BNP Paribas (BNPP.PA: Quote, Profile, Research), froze 1.6 billion euros worth of funds on Thursday, citing U.S. subprime mortgage sector problems.

AUG
9
2007

Foot and mouth probe focuses on labs

Abattoirs resumed the slaughter of animals on Thursday after the government lifted a five-day ban on the movement of livestock following an outbreak of foot and mouth disease.

AUG
8
2007

HSBC scraps mortgage fees, raises rates

HSBC has removed fees on its standard mortgages in an attempt to simplify the market, but critics warn that you could still save money by going for a deal with lower interest rates.

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