→ Subscribe

Council house sub-letters face up to two years in prison under new law to crack down on those who abuse social housing →  January 11, 2012

160,000 tenants are renting properties to other people Those found guilty would also face fines up to £50,000 By Leon Watson Last updated at 4:30 AM on 11th January 2012 Sub-letting council houses will be made a criminal offence with offenders facing up to two years in prison, it was reported today. The Government has […]

Council house sub-letters face up to two years in prison under new law to crack down on those who abuse social housing →  January 11, 2012

160,000 tenants are renting properties to other people Those found guilty would also face fines up to £50,000 By Leon Watson Last updated at 4:30 AM on 11th January 2012 Sub-letting council houses will be made a criminal offence with offenders facing up to two years in prison, it was reported today. The Government has […]

Wall Street at 5-month high →  January 11, 2012

NEW YORK (Reuters) – Stocks climbed to a five-month high on Tuesday, led by materials stocks after an upbeat forecast by aluminum company Alcoa and strong gains in bank shares. Alcoa Inc (AA.N) posted revenue that topped expectations late Monday and gave a bullish outlook for the aluminum industry. The stock gave up early gains […]

U.S. airlines add $3 carbon emission fee on European airfares – Sun →  January 10, 2012

The New Year kicked off with a new fee for Delta Air Lines and other airline customers traveling on flights between the United States and Europe. The Atlanta-based carrier is now charging a $3 one-way surcharge on tickets purchased in the U.S. for European travel. The fee will help offset the cost of the European Union’s […]

Carbon Conscious surges 46% on FY guidance →  January 10, 2012

Shares in Carbon Conscious Limited (ASX:CCF) surged more than 46 per cent yesterday after the carbon offset supplier forecast a 309 per cent increase in its full year net profit. Carbon Conscious expects to deliver a net profit of $3.5 million in fiscal 2012 which represents earnings per share of 4 cents, based on forecast […]

Syrian Protesters Injure Arab League Monitors →  January 10, 2012

At least 11 Arab League observers have been injured after they were attacked by demonstrators in the Syrian port city of Latakia. Video footage appeared to show a crowd of pro-Assad demonstrators in Latakia surrounding and climbing onto the white vehicles used by monitors. More than 160 monitors from the regional body have been deployed […]

Full Steam Ahead For High-Speed Rail Plans →  January 10, 2012

A new high-speed rail link between London and Birmingham has been given the go-ahead by the Government. Transport Secretary Justine Greening tabled a written ministerial statement in Parliament and told MPs it was time Britain updated its Victorian railways for the 21st Century. Residents booed when hearing her statement, with many outraged that more than […]

Glenconner ‘heir’ fulfils final legacy →  January 10, 2012

Seventeen months after Lord Glenconner died in his arms and made him an unlikely millionaire, the eccentric aristocrat’s Man Friday, Kent Adonai, is busy fulfilling his lordship’s last project on St Lucia. Kent, who was left Glenconner’s entire fortune in his will, is spending a portion of his new wealth completing a luxury seven-bedroom hideaway […]

Olympus sues execs over scandal, shares surge on M&A hopes →  January 10, 2012

TOKYO (Reuters) – Japan’s disgraced Olympus Corp is suing 19 current and former executives, including its current president, for up to almost $50 million in compensation, as it struggles to recover from one of the nation’s worst accounting scandals. The maker of cameras and medical equipment said on Tuesday all board members subject to the […]

Ex-Sun Editor Defends ‘Bullish’ Approach →  January 9, 2012

Former editor of The Sun, Kelvin MacKenzie, has told the Leveson Inquiry he had a “bullish” approach to journalism and that editors after him were right to be cautious. Mr MacKenzie, who edited The Sun from 1981 to 1994 and oversaw some its most famous front pages – including one headlined Freddie Starr Ate My […]

RBS Executive Set For £4m Payout, Reports Say →  January 9, 2012

Royal Bank of Scotland is 83% owned by the British taxpayer 2:43pm UK, Monday January 09, 2012 A senior executive at state-owned Royal Bank of Scotland is reportedly due to receive a £4m bonus this year, despite the Prime Minister saying he plans to stop bosses being rewarded for failure. John Hourican, the head of […]