Yahoo! News: World - Britain

Survey: UK house prices down 9 percent in 2008 (AP) Posted: 29 Dec 2008 03:05 AM CST AP - House prices in Britain fell by nearly 9 percent in 2008, and are likely to fall further next year as buyers are deterred by the economic slowdown, a leading property researcher said Monday.

US dollar dips against euro, British pound (AP) Posted: 29 Dec 2008 02:55 AM CST AP - The dollar dropped against the euro and the pound on Monday amid fears that upcoming reports on U.S. manufacturing and housing would be bleak.

Business chiefs urge minimum wage freeze (AFP) Posted: 29 Dec 2008 02:54 AM CST AFP - The British Chambers of Commerce said on Monday it was calling for the national minimum wage to be frozen in 2009 due to the faltering state of the economy.

UK's Brown defiant on economy, sees new U.S. alliance (Reuters) Posted: 29 Dec 2008 02:43 AM CST Reuters - Britain's Gordon Brown will use his New Year address to call for a "coalition for change" with U.S. President-elect Barack Obama in a speech intended as a rallying call to Britons.

Stamp of approval for British design classics (AFP) Posted: 28 Dec 2008 10:52 PM CST AFP - Iconic British designs such as red telephone boxes and the London Underground map are to feature on stamps in the New Year, the Royal Mail said Monday.

House price falls in 2009 likely to top 2008: survey (AFP) Posted: 28 Dec 2008 06:36 PM CST AFP - House prices fell by an average 8.7 percent in 2008 and will likely plunge a further 12 percent next year, property information firm Hometrack said Monday.

British clothing firm Adams calls in administrators (AFP) Posted: 28 Dec 2008 01:25 PM CST AFP - Children's clothing manufacturer Adams has applied to go into administration, PricewaterhouseCoopers said Sunday as another high-profile British firm felt the grip of the financial crisis.

Adams appears headed for form of bankruptcy (AP) Posted: 28 Dec 2008 11:47 AM CST AP - British children's clothing retailer Adams has taken a step toward filing for bankruptcy protection.

Man arrested in case of woman kept in car trunk (AP) Posted: 28 Dec 2008 11:40 AM CST AP - Scottish police said Sunday they arrested a 35-year-old man in connection with the abduction of a nurse who was found tied up in the trunk of her car — where she may have been held for as long as 10 days.

Police charge man over nurse found in car boot (AFP) Posted: 28 Dec 2008 07:14 AM CST AFP - Police charged a 35-year-old man on Sunday with the kidnapping of a nurse who was found in the boot of her car after being missing for more than a week.

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