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Cyprus Banks Finally Reopen, But Anger Lingers

Cyprus Banks Finally Reopen, But Anger Lingers

  • Posted: Mar 28, 2013
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Cyprus Banks Finally Reopen But Anger Lingers

Cypriots express anger at the country’s bailout as they descend on bank branches, open for the first time in almost two weeks.

Cyprus’ banks have opened their doors after the longest enforced bank holiday in Europe’s history.

Queues grew outside branches across the country, with no signs of panic as employees limited read more

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Dreamliner Test Flight ‘According To Plan’

Dreamliner Test Flight ‘According To Plan’

  • Posted: Mar 26, 2013
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Boeing claims a successful mission, as it attempts to return its grounded fleet of high-tech 787s to the air.

Boeing has said the first test flight of its Dreamliner plane since the type was grounded went according to plan.

The US company’s redesigned lithium-ion battery was put to the test during the flight, as it attempts to demonstrate it meets regulatory safety standards.

The plane flew for just over two hours, read more

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Immigration PM Talks Tough On Social Housing

Immigration PM Talks Tough On Social Housing

  • Posted: Mar 25, 2013
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Immigrants will not be entitled to social housing for up to five years as part of David Cameron’s plans to reduce net immigration.

Immigrant families will be kept off council house waiting lists for up to five years under a crackdown being unveiled by Prime Minister David Cameron.

He is to set out a tougher approach on housing and benefits in a keynote speech today – promising to tackle the culture of “something for nothing”.

Councils are concerned that only read more

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‘Cyprus Agrees 20% Tax On Deposits Deal’

‘Cyprus Agrees 20% Tax On Deposits Deal’

  • Posted: Mar 23, 2013
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It has been announced this evening  that Cyprus agrees to a 20% tax on deposits over 100,000 euros at the Bank of Cyprus and a 4% tax at other banks, Reuters says.

Updated 20:00

Politicians in Cyprus have agreed a new one-off levy on savers in order to secure a European bailout.

The measures include a 20% tax on savers with deposits over 100,000 euros at the country’s largest bank, the Bank of Cyprus, which would see some individuals lose a fifth of their read more

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Based Oligarch Boris Berezovsky Found Dead

Based Oligarch Boris Berezovsky Found Dead

  • Posted: Mar 23, 2013
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Exiled Russian oligarch Boris Berezovsky has been found dead in a bath at his home.

Boris Berezovsky

Boris Berezovsky

It is believed he had taken his own life.

Berezovsky made his fortune in Russia in the 1990s when he bought up state assets cheaply which were being sold off.

The report is understood to have emerged through the Facebook account of his son-in-law read more

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New Pope Francis meets predecessor Benedict XVI

New Pope Francis meets predecessor Benedict XVI

  • Posted: Mar 23, 2013
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The new Pontiff has been to see his predecessor Benedict XVI at the papal residence of Castel Gandolfo.

Francis meets predecessor Benedict XVI

Pope Francis embraces predecessor Benedict XVI

The Argentine pope was carried by helicopter from the Vatican to the papal residence of Castel Gandolfo, near Rome, where Benedict, the “pope emeritus”, has been living since his resignation last month.

It is belived to be the first meeting between a pope and a former pope for the Catholic Church

The two men dressed in white embraced warmly on the helipad in the gardens of Castel Gandolfo after Pope read more

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Spring Nowhere In Sight!

Spring Nowhere In Sight!

  • Posted: Mar 23, 2013
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Expect travel misery in the north as snow and blizzards hit, while other parts of the UK are warned of disruption to come.

Snow has covered the north of the UK overnight as persistently cold weather keeps an unusual grip on March.

Spring seems to hide away from us. It is expected to continue to be cold for the next couple of days the whole country should be braced for further snow storms and cold wet weather throughout the read more

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Archbishop Of Canterbury Enthroned

Archbishop Of Canterbury Enthroned

  • Posted: Mar 21, 2013
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The Most Rev Justin Welby is confirmed as the 105th Archbishop of Canterbury in the presence of Prince Charles and David Cameron.

The Most Rev Justin Welby has been enthroned as the new Archbishop of Canterbury at the city’s cathedral.

The service – which featured Punjabi music, African dancers and drummers and an organ improvisation – was attended by dignitaries including Prince Charles and Prime Minister David Cameron.

The read more

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Budget 2013 Statement

Budget 2013 Statement

  • Posted: Mar 20, 2013
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Budget 2013 Statement to the House of Commons by the Rt Hon George Osborne, MP, Chancellor of the Exchequer.

Mr Deputy Speaker, this is a Budget for people who aspire to work hard and get on.

It’s a Budget for people who realise there are no easy answers to problems built up over many years.

Just the painstaking work of putting right what went so badly wrong.

And together with the British read more

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