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Europe News London


  • UK Hacker Must Be Extradited to US: Court Friday, 31 Jul 2009 | 6:35 AM ET

    Britain's High Court on Friday rejected an autistic British man's bid to avoid extradition to the United States to face trial for hacking into military computers.

  • Real Estate Agent Lands $80,000 Job as Witch Wednesday, 29 Jul 2009 | 9:58 AM ET

    The winner of one of Britain's most coveted jobs says her new profession is abandoning the housing market to live in a cave. And she says it's a step up.

  • UK Government Tells Civil Servants to Tweet Tuesday, 28 Jul 2009 | 7:51 AM ET

    The British government has told civil servants: Go forth and tweet.

  • London Movers: Sage, RBS, Lloyds Tuesday, 28 Jul 2009 | 5:12 AM ET

    Shares in software group Sage, the UK's biggest software company, rose to the top of the FTSE 100 Tuesday as the company said it expected its results to be in line with expectations.

  • London Movers: Pearson, Lloyds Monday, 27 Jul 2009 | 5:13 AM ET

    Shares in publishing group Pearson surged by nearly 10 percent, topping the FTSE, after it reported strong earnings due to a rise in its educational publications business, the largest in the world.

  • UK to Grow Again in Fourth Quarter: Think Tank Wednesday, 22 Jul 2009 | 3:33 AM ET

    Britain's economy will return to growth in the last quarter of this year, as companies start to rebuild inventories, but strong growth will not return until 2013, a leading academic thinktank forecast on Wednesday.

  • London Movers: Morrison, RBS Tuesday, 21 Jul 2009 | 4:52 AM ET

    Shares of William Morrison Supermarkets surged more than 8 percent to the top of the FTSE-100 Tuesday, after it said it expects to beat earlier expectations for its full-year results.

  • Police Uncover Bernie Madoff-Style Scheme in UK Monday, 20 Jul 2009 | 7:56 AM ET

    Fraud continues to be unearthed in the financial sector with police recently detecting one of the UK's biggest Ponzi schemes, according to several media reports.

  • London Movers: Lloyds, Prudential Monday, 20 Jul 2009 | 5:56 AM ET

    Lloyds Bank topped the FTSE 100 Monday, jumping 6.3 percent, with the banking sector in Europe pulling indexes up after reports that CIT Group has worked out a solution to escape bankruptcy.

  • UK Mortgage Lending Rises, Price Falls Bottoming Out Monday, 20 Jul 2009 | 5:30 AM ET

    Mortgage lending rose 17 percent to an estimated 12.3 billion pounds ($20.2 billion) in June from May but still suffered a decline from the same period last year, new data from the Council of Mortgage Lenders (CML) showed Monday.

  • UK gross domestic product (GDP) is likely to shrink by 4.5 percent this year, the largest decline since 1945, and recent hopes of recovery are running well ahead of reality, Ernst & Young warned in a forecast released Monday.

  • POLL: What Hinders Business Growth? Thursday, 9 Jul 2009 | 3:24 AM ET

    The UK government announced measures to tighten up banking supervision, scrutinize bonuses in the industry and punish misconduct harder, in an attempt to prevent a repeat of the credit crunch. But not only banks can help business grow.

  • A Day at Wimbledon 2009 Friday, 3 Jul 2009 | 7:30 AM ET

    The Wimbledon Championships at the All England Club, the most famous of all of tennis' grand slam events, had already marked some notable "firsts" before finals.

  • AEG Live Releases Michael Jackson Rehearsal Footage Friday, 3 Jul 2009 | 5:21 AM ET
    Michael Jackson

    A 30-second snippet of Michael Jackson rehearsing two days before his death was released Thursday, part of more than 100 hours of footage that could be turned into live albums, a movie and a pay-per-view special, the promoter said.

  • Supermarkets Prepare for Post-Recession World Thursday, 2 Jul 2009 | 6:43 AM ET

    As far as stock prices go, supermarkets are still feeling the recession pain — especially in the US. But for some of them, the crisis has been a unique opportunity to woo customers into a relationship that they hope will become permanent.

  • UK Freezes $100 Million in Stanford-Linked Assets Tuesday, 30 Jun 2009 | 4:00 PM ET
    Allen Stanford

    Britain's Serious Fraud Office (SFO) froze over $100 million of assets linked to Allen Stanford, the US financier accused of a massive fraud.

  • Britain's Queen May Run Out of Money by 2012 Tuesday, 30 Jun 2009 | 10:16 AM ET
    Queen Elizabeth

    Maintaining a monarchy is costly, as Britain found out when a newly published account revealed that Queen Elizabeth II will be out of pocket by 2012 unless the government boosts funds for the Royal household for the first time in 20 years.

  • Six Days a Week: Half of Brits Work Overtime Tuesday, 30 Jun 2009 | 9:21 AM ET

    While workers in the rest of Europe are accepting to work four day weeks or part-time, or take periods of semi-paid leave, employees in Britain have been working six-day weeks to keep their jobs, according to a survey out Tuesday.

  • Lloyds To Cut Another 1,800 Jobs in Next 3 Years Tuesday, 30 Jun 2009 | 8:43 AM ET

    Lloyds Banking Group said Tuesday that it expects to cut nearly 1,800 jobs in its group operations and wholesale divisions over the next three years as it consolidates the merger of Lloyds TSB and Halifax/Bank of Scotland.

  • London Movers: British Airways Friday, 26 Jun 2009 | 4:50 AM ET

    Shares in British Airways, which struck a deal with thousands of workers to either work for free for a month or accept pay cuts and unpaid leave to pull the flag carrier, shot up nearly 3 percent in London Friday.