Yahoo! News: World - Britain

Britain in recession as 4Q output slides 1.5 pct (AP) Posted: 23 Jan 2009 03:50 AM CST AP - The British statistics office says the country's economy shrank 1.5 percent in the fourth quarter, which puts it officially in a recession.

Britain enters a recession (Reuters) Posted: 23 Jan 2009 03:49 AM CST Reuters - Britain went into recession at the end of last year for the first time since 1991, official data showed on Friday, with the economy shrinking at its fastest pace since 1980, official data showed on Friday.

Report: Toyota mulls cutting 1,000 full-time jobs (AP) Posted: 22 Jan 2009 11:15 PM CST AP - Toyota Motor Corp. is considering cutting more than 1,000 full-time jobs in North America and the United Kingdom to cope with faltering global demand, a news report said Friday.

Crisis sinks pound, rattles Britain (AP) Posted: 22 Jan 2009 06:04 PM CST AP - A plunging pound. Surging unemployment. Worries the banking system may collapse and take the country's credit rating with it.

UK may inject $13.8 billion into Northern Rock: report (Reuters) Posted: 22 Jan 2009 05:38 PM CST Reuters - The British government is considering injecting as much as 10 billion pounds ($13.80 billion) into Northern Rock to use the nationalized bank to ramp up mortgage lending, the Daily Telegraph reported.

Mother sentenced for allowing 3-year-old to smoke (AP) Posted: 22 Jan 2009 04:41 PM CST AP - A British woman has pleaded guilty to child cruelty for allowing her 3-year-old to smoke in front of her.

Huntsman to cut 1,175 jobs, close UK plant (AP) Posted: 22 Jan 2009 04:00 PM CST AP - Chemicals maker Huntsman Corp. said Thursday it will cut 1,175 jobs, close a plant in the United Kingdom and slash capital spending to reduce costs as demand for its products falls amid the recession.

British couple stabbed by robber in Rio (AFP) Posted: 22 Jan 2009 03:51 PM CST AFP - A British couple walking through Rio de Janeiro's famous Ipanema beachside district are recovering after being stabbed in an attempted robbery Thursday, according to media reports.

British cash lifeline for Cyprus demining (AFP) Posted: 22 Jan 2009 02:31 PM CST AFP - The government on Thursday pledged 50,000 euros to cash-strapped UN demining efforts on the divided Mediterranean island.

Govt makes China 'major priority' in global strategy (AFP) Posted: 22 Jan 2009 12:45 PM CST AFP - The government said Thursday that building its relationship with China was now a "major priority", adding that it could help the rest of the world tackle the fallout from the credit crunch.

British mother loses adultery appeal in Dubai (AFP) Posted: 22 Jan 2009 12:21 PM CST AFP - A British mother-of-two on Thursday lost an appeal against her conviction for adultery in Dubai, although her prison sentence was reduced from six to three months, British officials said.

Timber from Russian ship washes up on UK shores (AP) Posted: 22 Jan 2009 12:05 PM CST AP - Authorities say more than a thousand tons of timber knocked off the deck of a Russian cargo ship are washing up on the English coast.

Bentley Motors to halt production in March, April (AP) Posted: 22 Jan 2009 11:49 AM CST AP - Luxury automaker Bentley said Thursday it was halting production at its manufacturing plant in central England for seven weeks as Britain's car industry continued to suffer amid plummeting demand.

Worker tried for putting peanuts in nut-free site (AP) Posted: 22 Jan 2009 11:27 AM CST AP - A factory worker in Britain is accused of sprinkling peanuts around a British food plant that was supposed to be peanut-free.

British explorer says he 'cannot fail' in Arctic ice cap mission (AFP) Posted: 22 Jan 2009 11:24 AM CST AFP - British explorer Pen Hadow said Thursday he "cannot afford to fail" on his latest daredevil mission -- a three-month trek to the North Pole to measure the thickness of the melting ice cap.

Timber from troubled ship piles up on Kent coast (AFP) Posted: 22 Jan 2009 11:14 AM CST AFP - Timber from a Russian-registered cargo ship that shed its load in rough seas began washing up Thursday along the English coast.

Knife crimes, burglaries rise (AFP) Posted: 22 Jan 2009 09:08 AM CST AFP - Overall crime in England and Wales fell by three percent in the third quarter last year but robberies using knives leapt by 18 percent, government figures released on Thursday showed.

British manufacturing optimism at near 30-year low (AP) Posted: 22 Jan 2009 07:53 AM CST AP - Optimism in Britain's manufacturing sector has slid to a near 30-year low despite the falling pound, while the car industry continues to suffer amid plummeting demand, business leaders said Thursday.

Al Qaeda figure calls for attacks on Britain (Reuters) Posted: 22 Jan 2009 06:48 AM CST Reuters - A prominent leader of al Qaeda called for attacks in Western countries particularly Britain in retaliation for Israel's offensive in Gaza, arguing that London was behind the creation of the Jewish state.

Regulator: Short selling not behind banking rout (AP) Posted: 22 Jan 2009 05:13 AM CST AP - The head of Britain's financial regulator dismissed suggestions Thursday that the lifting of the ban on short selling of financial stocks was behind the collapse in share prices of some of the country's leading banks this week.

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