Bank bonuses review ‘a cover-up’
The Treasury is facing accusations of an "establishment cover up" after responding to anger at multi-billion-pound bank bonuses by announcing a review of the financial sector. Critics accused the Government of failing to act decisively to crack down on the controversial payouts amid mounting public anger over rewards for... [continued]
Australian arsonists ‘are murderers’
Australian prime minister Kevin Rudd has described arsonists suspected of starting devastating wildfires as "mass murderers" as the death toll mounted. The fires have already killed 131 people in the state of Victoria and the grim total is likely to rise further. Kevin Rudd said the... [continued]
Nissan to slash 20,000 jobs
Car maker Nissan, which last month axed 1,200 jobs at its Sunderland plant, has said it will cut 20,000 jobs worldwide - 8.5 per cent of its workforce. Battered by the slump in the worldwide car market, Nissan, Japan's third biggest car maker, also lowered its forecast... [continued]
‘New realism’ in Afghanistan
The Obama administration has outlined a new campaign strategy for the war in Afghanistan, scaling back the ambitions of George Bush in a shift which officials described as a "new realism". Richard Holbrooke, Barack Obama's new envoy for Afghanistan, General James Jones, the new White House national... [continued]
MP expenses row over Smith claim
Calls for a further tightening of the rules on MPs' expenses have been made after Home Secretary Jacqui Smith became embroiled in a row for claiming thousands of pounds towards the cost of running her family home. Smith said she had "fully abided" by the rules by... [continued]
More snow travel chaos expected
Britain is bracing for more snow with the prospect of a second week of disruption. Forecasters warned that heavy rain sweeping in from the south west during the day could turn to snow over parts of Wales, the Midlands and the north. This would... [continued]
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