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Archive for February, 2015

Victoria Cross: L/Cpl Josh Leakey recognised for valour

February 26, 2015

L/Cpl Joshua Leakey shares his story with the BBC’s Sian Lloyd Continue reading the main story UK troops in Afghanistan Simpson: Was the war worth it? ‘In the footsteps of my fallen son’ The end of Bastion – and Britain’s war What was achieved in war? A paratrooper who showed “complete disregard” for his own […]

TTIP: Transatlantic trade deal text leaked to BBC

Barack Obama, David Cameron and Angela Merkel discussed TTIP at the G20 summit in November Continue reading the main story Related Stories TTIP: The EU-US trade deal explained Tipping point for TTIP? A leaked draft of what the European Union wants excluded from a new trade deal with the United States has been obtained by […]

RBS reports £3.5bn loss for 2014

RBS chief executive Ross McEwan: “Bonuses are a highly emotional issue” Continue reading the main story Related Stories Ahmed: The amazing shrinking bank McEwan: ‘Emotional’ bonus issueWatch RBS reserves £400m for currency probe UK state-owned bank RBS has reported a loss of £3.5bn for 2014, down from a £9bn loss the previous year. The results […]

No long-term future for BBC licence fee, MPs say

BBC Director of Strategy James Purnell: “We agree that the licence fee should be modernised” Continue reading the main story Related Stories Government defeated over licence fee Independent licence fee body ‘support’ BBC ‘should improve local news’ The TV licence does not have a long-term future and is likely to be replaced by a new […]

Odeon cinemas set to go on sale for £1bn

The owner of Odeon and UCI cinemas has announced plans to put the chain up for sale later this year, with an asking price of about £1bn. Private equity group Terra Firma said it aimed to start the sale process by May. The group, chaired by Guy Hands, is best known for its ill-fated £2.4bn […]

US inflation rate remains negative

US inflation remained negative in January due to steep falls in the price of petrol, official figures have shown. The Consumer Price Index fell by 0.7% in the month, and by 0.1% from a year earlier – the first annual drop in five years – the Department of Labor said. Petrol prices fell by 18.7% […]

UK government finances £8.8bn in surplus in January

February 20, 2015

UK government finances showed a surplus of £8.8bn in January, the Office for National Statistics (ONS) has said. It is the highest surplus for seven years and higher than the revised £6.5bn reported for January 2014. A better than expected rise in tax receipts means the government is on course to meet its borrowing target […]

Greece confirms loan extension request

February 18, 2015

Greece will ask the eurozone for a six-month extension of its European loan agreement on Wednesday, a Greek government official has confirmed. The loan would not be an extension of the current bailout agreement, which includes strict austerity measures. On Monday night, Greece rejected a plan to extend its €240bn (£178bn) bailout, describing it as […]

Nestle to remove artificial flavours in US chocolate

Nestle is changing the recipes of its chocolate candies in the US to get rid of artificial flavours and colours Swiss food giant Nestle will be removing all artificial flavours and colours from its chocolate products in the US, the firm said on Tuesday. Its US unit has promised to get rid of artificial flavours […]

Rolls-Royce to build ‘any terrain’ SUV

Luxury carmaker Rolls-Royce has said that it is to add a sports utility vehicle (SUV) to its line-up of models. The BMW-owned luxury marque will build “a car that offers the luxury of a Rolls-Royce in a vehicle that can cross any terrain”. It will be a “a high-bodied car with an all-new aluminium architecture”. […]

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