Tuesday, 27 January 2009

News


Mandelson unveils car industry plan

Business Secretary Lord Mandelson has outlined a £2.3bn rescue package for the UK car industry. The deal includes guarantees to unlock loans of up to £1.3bn from the European Investment Bank and a further £1bn in loans to fund investment in environmentally-friendly vehicles. The scheme is designed to... [continued]

Iraq Cabinet minutes to be released

The minutes of Cabinet meetings from 2003 in which ministers discussed the events leading up to the invasion of Iraq will be released after the information tribunal ordered them to be published. The ruling upholds a decision by the Information Commissioner that details of the March 13 and 17... [continued]

Lords leader: ‘expell peers who break rules’

The Leader of the House of Lords has said she believes tougher sanctions are necessary for peers who do paid consultancy work. In an emergency statement to the House yesterday, Lady Royall (pictured) indicated that peers who break rules on lobbying could face suspension or even expulsion from Parliament.... [continued]

House of Lords leader Lady Royall

Poll: PM will fail to save economy

Most voters think Gordon Brown will fail to turn around the economy, according to a new poll in which the Conservative Party appears to have regained lost ground. The poll, which was conducted last week following a second round of bank bail-outs, appears to show a hardening of... [continued]

Crisis claims 80,000 jobs in one day

The global economic downturn claimed up to 80,000 jobs yesterday - in one of the bleakest days yet of the financial crisis. Thousands of jobs were lost or put under threat as international household names including electronics retailer Philips and pharmaceuticals group Pfizer announced thousands of job losses. Worst... [continued]

Obama reaches out to Middle East

Barack Obama has used his first official TV interview since becoming US President to reach out to Arab leaders. Obama told the Arabic cable TV network, al-Arabiya that in Middle Eastern politics, "all too often the United States starts by dictating". Interviewed by the Dubai-based network in Washington... [continued]




Zimbabwe talks end in disarray

All-night crisis talks aimed at salvaging Zimbabwe's ailing power-sharing deal have ended in confusion, with regional leaders and representatives of the opposition party refuting a claim by South African negotiators that an agreement had been reached. South African President Kgalema Motlanthe, who chaired the 14-hour session, told reporters that... [continued]

Icelandic coalition govt collapses

Iceland's coalition government has collapsed in the face of the country's currency and banking system crisis. Icelandic prime minister Geir Haarde became the first leader to step down as a direct result of the global economic crisis, when he announced the immediate resignation of his government. Haarde - who... [continued]

Posted by Britannia Radio at 17:17