Yahoo! News: World - Britain

Burberry 3Q revenue up 30 pct, cuts over 500 jobs (AP) Posted: 20 Jan 2009 02:35 AM CST AP - Luxury goods maker Burberry Group PLC reported Tuesday a 30 percent rise in revenues in the final three months of 2008, but said it plans to lay off more than 500 workers in its British and Spanish operations.

British press gloomy on bank rescue (AFP) Posted: 20 Jan 2009 12:14 AM CST AFP - The British media balked at the cost of another rescue package for Britain's banks Tuesday, but acknowledged it was necessary to get credit flowing and predicted nationalisation would be the next step.

British racial barriers breaking down: population study (AFP) Posted: 19 Jan 2009 04:44 PM CST AFP - Almost one fifth of British children are now from an ethnic minority background, according to a new study published Monday.

3 men deny conspiring with London transit bombers (AP) Posted: 19 Jan 2009 11:11 AM CST AP - A prosecutor on Monday accused three British Muslims of scouting out potential targets on behalf of suicide bombers who killed 52 commuters on London's transit system in 2005.

Trials to use stem cells for stroke, blindness (AFP) Posted: 19 Jan 2009 10:35 AM CST AFP - Two separate trials are set to begin in Glasgow utilising cutting edge stem cell research in a bid to help treat victims of strokes and blindness, medical experts announced Monday.

Trio deny aiding July 7 London bombers (AFP) Posted: 19 Jan 2009 08:58 AM CST AFP - Three men denied conspiring with suicide bombers in the planning of the deadly July 7, 2005 suicide attacks on London, as their re-trial began on Monday.

Jaguar says halts output at England car plant (AFP) Posted: 19 Jan 2009 08:10 AM CST AFP - Car maker Jaguar, an iconic British brand owned by Indian group Tata Motors, said Monday it had stopped production at a central England car factory in response to tumbling demand.

Winslet: I'm confusing DiCaprio with my husband (AP) Posted: 19 Jan 2009 07:36 AM CST AP - British actress Kate Winslet says she spends so much time talking about Leonardo DiCaprio she's starting to confuse him with her real husband, Sam Mendes.

Three men "helped July 7 bombers" (Reuters) Posted: 19 Jan 2009 06:56 AM CST Reuters - Three men went on trial Monday accused of helping bombers prepare the deadly July 7, 2005 suicide bombings on the London transport system by carrying out a reconnaissance mission in the British capital.

Pearson shares rally after upbeat trading update (AP) Posted: 19 Jan 2009 06:33 AM CST AP - Shares in Pearson PLC, the owner of the Financial Times newspaper and Penguin books, rallied around 5 percent after the company indicated profits for 2008 would be ahead of market expectations despite the difficult economic environment.

European stocks rally on British bank bailout (AFP) Posted: 19 Jan 2009 05:46 AM CST AFP - European stock markets rallied on Monday as Britain unveiled a scheme to kick-start lending by ailing British banks that it hopes can be spread across the globe.

Britain launches new bank bailout to boost lending (AP) Posted: 19 Jan 2009 05:45 AM CST AP - Britain announced a new bank bailout Monday to boost lending into a struggling economy and protect banks from the bad assets sinking their balance sheets — an admission that an earlier sweeping rescue plan didn't do the job.

Global Infrastructure Partners to bid for Gatwick (AP) Posted: 19 Jan 2009 05:34 AM CST AP - Investment fund Global Infrastructure Partners said Monday it would make a bid for London's Gatwick Airport.

Clarke returns to Tory frontline (AFP) Posted: 19 Jan 2009 05:30 AM CST AFP - Colourful former chancellor Kenneth Clarke returned to frontline politics on Monday, in the latest sign of parties manoeuvering for an election which must be held within 18 months.

World at risk of 'damaging spiral' of de-globalisation: British PM (AFP) Posted: 19 Jan 2009 05:27 AM CST AFP - The world is at risk of a "damaging spiral" of de-globalisation if countries do not co-ordinate their responses to the worldwide economic downturn, British Prime Minister Gordon Brown said on Monday.

Banking fears grip European markets (AP) Posted: 19 Jan 2009 11:16 AM CST AP - European stock markets fell Monday with banks in free fall as investors fretted over a second British government bailout of the sector in three months and some predicted that cash-strapped Royal Bank of Scotland Group PLC would end up fully nationalized.

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