News archive from 29 May 2012
Fuel prices sets to soar after refinery that provides 20% of South East's supplies closes down
Fuel prices are set to rise after a refinery providing 20 per cent of the South East's petrol was closed down yesterday, leading to the loss of up to 1,000 jobs.The giant Coryton refinery, in Essex, was put into administration by its Swiss owner...
Hazard - I'm going to Chelsea
Eden Hazard has finally ended speculation about his future by announcing he has decided to join Chelsea next season. The 21-year-old Lille playmaker, who had long been linked with a move to the Barclays Premier League, revealed he had chosen the...

Can you offer these three a loving home?
By Sarah Davies HOMES are desperately needed for three four-legged friends who have been in the care of an animal charity for months. Staff at RSPCA Worcester and Mid-Worcestershire Branch believe greater financial stresses are to blame for fewer...
Tributes paid to former Hyndburn councillor
TRIBUTES have been paid to a “dedicated and much-liked” former Huncoat councillor who has died aged 74. Arlene Walker, of Windermere Avenue, Huncoat, fought against the erosion of greenbelt as a Labour councillor for the ward between 1992 and 1996....

Abu Qatada in new appeal – but Olympics mean he must stay in prison
TERROR suspect Abu Qatada has lodged a new appeal against deportation but has been refused bail after a judge warned it would be "exceptionally problematic" with the London Olympics already demanding heightened security. The radical cleric,...
Government drops 'pasty tax' plans
The Government has signalled retreat on controversial tax rises on pasties and caravans in a move costing the Treasury £70 million. Following a post-Budget consultation on closing VAT loopholes, the Treasury said it would be modifying its plans to...
Hazard - I'm going to Chelsea
Eden Hazard has finally ended speculation about his future by announcing he has decided to join Chelsea next season. The 21-year-old Lille playmaker, who had long been linked with a move to the Barclays Premier League, revealed he had chosen the...
Government drops 'pasty tax' plans
The Government has signalled retreat on controversial tax rises on pasties and caravans in a move costing the Treasury £70 million. Following a post-Budget consultation on closing VAT loopholes, the Treasury said it would be modifying its plans to...
Spanish stock market hits nine-year low with country's borrowing costs soaring
The Spanish stock market hit a nine-year low yesterday, with the country's borrowing costs soaring. Analysts warned that the crisis in the eurozone was spiralling out of control, amid fears Spain will be the next domino to fall following the bailouts...
CITY FOCUS: Ousted boss Michael Woodford still focusing on Olympus
Seven months ago, Michael Woodford became the first British-born executive to rise to the top of a Japanese company. But his 30-year career at Olympus came to an abrupt end two weeks later, when he was fired. His offence? Exposing a £1.1bn accounting...
MARKET REPORT: Hargreaves digs up £10m trouble
Boss Gordon Banham had almost £10m wiped off the value of his 11 per cent stake in Hargreaves Services after the company he transformed from a Durham haulage firm into a diversified support services and energy group found traces of oil and gas down...
Barclays comes out fighting after order to pay back half a billion pounds seen as 'political mugging'
Barclays has come out swinging after it was ordered to pay back half a billion pounds amid accusations of tax-dodging. In February, Exchequer Secretary to the Treasury David Gauke accused an unnamed lender of using two "highly abusive' and...

Taxpayer-funded bailouts 'have handed banks a £123bn subsidy'
Banks have been enjoying an "implicit' subsidy from taxpayers worth up to £123bn a year, according to the Bank of England. The assumption that the Government will step in to prevent banks from collapsing because they are "too big to fail'...
RUTH SUNDERLAND: Time to halt the tax tangles after Barclays saga
Barclays boss Bob Diamond clearly thinks his bank was the victim of a political mugging when it was identified in its "highly abusive' manoeuvre to avoid £500m of tax earlier this year. He is probably right. No doubt Diamond was seen as an easy...

Fed's Plosser says US to withstand euro fallout - WSJ
Uncertainty in Europe might even help the U.S. economy in the short run by pushing down U.S. interest rates and energy prices, Plosser said in an interview, conducted in Eltville, Germany. (Reporting By Ransdell Pierson; Editing by Kenneth Barry)
Realtime News
- 01:35 Jetstar cuts 10% of January domestic flights amid strikes over pay...
- 01:28 'No benefit' in meeting murderer Jeremy Bamber says ITV crime drama...
- 01:09 General election 2019: Johnson to welcome new MPs to Westminster
- 00:59 Christmas tree lights bought online could pose fire hazard
- 00:59 House prices predicted to rise by 2% in UK – with the north leading...
- 00:46 Argentina's 'dirty war': France approves extradition of suspected...
- 00:45 Christmas lights from online sellers 'can be fire risk'
- 00:45 What does business want from Boris?
- 00:42 Poorest countries facing both obesity and malnutrition
- 00:41 Anak Krakatau: Giant blocks of rock litter ocean floor
- 00:33 Tiffany Haddish's Black Mitzvah and her journey of Jewish discovery
- 00:33 How a university dropout built a toy empire
- 00:30 Jewellery 'worth £50m' stolen from Tamara Ecclestone's home
- 00:26 Tim Paine says Australia 'can still get better' after demolition of...
- 00:24 Young suicides in Wales due to 'complex' reasons, says study
- 00:24 Murder investigation launched after Earls Barton ‘incident’
- 00:19 Sudoku 4,644 easy
- 00:18 Sheku Bayoh family meet chief constable 'for answers'
- 00:17 Minoan disposable cup shows ancients were not green either
- 00:17 YouTuber PewDiePie to take break from platform as 'very tired'
- 23:36 UK not 'match fit' for Brexit talks, says former May aide
- 23:36 Johnson to tell new Tory MPs they have to change party for good
- 23:24 Angel Gomes hints at Manchester United exit by deleting traces of...
- 23:19 Ten years of terror and tragedy: A look at the events that defined...
- 23:18 New Zealand volcano: Minute's silence to mark one week after eruption
- 23:07 Call to vaccinate children against flu amid 'super spreaders' warning
- 22:52 Father Christmas ‘attacked in Tesco grotto by shoplifter’
- 22:26 ‘Perfect day’ for St Johnstone, says boss Tommy Wright
- 22:24 Arsenal defence is perfect audience for De Bruyne’s one-man show
- 22:16 Marise Payne travels to New Zealand in wake of volcano disaster...
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