Yahoo! News: World - Britain

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• British queen makes historic peace trip to Ireland (AP)
• Govt eyes 50-percent carbon emissions cut target (AFP)
• Govt. looks to an elected House of Lords (AFP)
• Cameron rejects pressure on aid budget (AFP)
• UK pledges to cut carbon emissions in half by 2025 (AP)
• UK's Clegg proposes elected upper chamber (AP)
• London shares close lower on weak US data (AFP)
• UK to probe Big Four auditing stranglehold (Reuters)
• BAE Systems fined up to $79 million in US case (AP)
• Heptathlete Ennis measured for Tussauds waxwork (AFP)
• BP-Rosneft $16 billion share swap deal fails (AP)
• Surging British inflation stokes rate hike prospect (AFP)
• Vodafone annual profits drop on European debt risk (AFP)
• London shares open lower in wake of Wall Street (AFP)
• Sir Trevor McDonald to receive Bafta Fellowship (AFP)
• BP says to continue Rosneft talks after deal lapses (AFP)
• Britain's Queen honors Irish nationalists (Reuters)
• London bomb threat ahead of queen's Ireland trip (AFP)

British queen makes historic peace trip to Ireland (AP) Posted: 17 May 2011 03:57 PM PDT AP - Sometimes words aren't necessary. That was the case Tuesday when Queen Elizabeth II placed a wreath in Dublin's Garden of Remembrance to honor the Irish rebels who lost their lives fighting for freedom — from Britain.

Govt eyes 50-percent carbon emissions cut target (AFP) Posted: 17 May 2011 12:25 PM PDT AFP - The government on Tuesday unveiled plans to cut its greenhouse gas emissions by 50 percent from 1990 levels by 2025, ramping up pressure on the European Union to increase its target.

Govt. looks to an elected House of Lords (AFP) Posted: 17 May 2011 12:22 PM PDT AFP - The government unveiled plans Tuesday to replace the unelected House of Lords with a wholly or partially elected second chamber, but the opposition dismissed the proposals as a "dog's dinner".

Cameron rejects pressure on aid budget (AFP) Posted: 17 May 2011 11:39 AM PDT AFP - Prime Minister David Cameron insisted Tuesday he would keep his promise to set in law a hike in the overseas aid budget, despite a challenge by a senior minister.

UK pledges to cut carbon emissions in half by 2025 (AP) Posted: 17 May 2011 11:38 AM PDT AP - The British government on Tuesday pledged to cut the country's carbon emissions in half by 2025 — an ambitious target which could be watered down unless other European countries cut their emissions accordingly.

UK's Clegg proposes elected upper chamber (AP) Posted: 17 May 2011 10:39 AM PDT AP - Britain's government on Tuesday published proposals to reform the country's centuries-old House of Lords, including the first direct elections for members.

London shares close lower on weak US data (AFP) Posted: 17 May 2011 09:44 AM PDT AFP - London stocks closed sharply lower on Tuesday as weak US economic and company data stoked concerns that economic growth may be slowing, dealers said.

UK to probe Big Four auditing stranglehold (Reuters) Posted: 17 May 2011 08:12 AM PDT Reuters - UK competition authorities are to probe the stranglehold of the world's biggest accountancy firms on British blue-chip company audits after finding evidence of anti-competitive behavior.

BAE Systems fined up to $79 million in US case (AP) Posted: 17 May 2011 07:53 AM PDT AP - Defense contractor BAE Systems PLC said Tuesday it has agreed to pay a fine of up to $79 million to settle an arms export controls case with the U.S. Department of State, the largest civil fine ever levied by the department.

Heptathlete Ennis measured for Tussauds waxwork (AFP) Posted: 17 May 2011 07:06 AM PDT AFP - Britain's heptathlon world champion Jessica Ennis has given a sitting for a new wax figure to be unveiled at Madame Tussauds in London this summer.

BP-Rosneft $16 billion share swap deal fails (AP) Posted: 17 May 2011 06:45 AM PDT AP - BP's hopes of making Arctic oil production the key to its recovery from the Gulf of Mexico spill were dealt a severe blow on Tuesday after it failed to secure a $16 billion share swap with Russia's state-backed Rosneft.

Surging British inflation stokes rate hike prospect (AFP) Posted: 17 May 2011 05:28 AM PDT AFP - British inflation soared to 4.5 percent in April, official data showed Tuesday, hitting a two-and-a-half-year high and stoking the prospect of an interest rate hike from the Bank of England.

Vodafone annual profits drop on European debt risk (AFP) Posted: 17 May 2011 05:17 AM PDT AFP - British mobile phone giant Vodafone said Tuesday that annual net profits sank almost eight percent on a huge impairment charge for its operations in debt-ravaged nations across southern Europe.

London shares open lower in wake of Wall Street (AFP) Posted: 17 May 2011 02:33 AM PDT AFP - Shares opened lower in London on Tuesday as agreements on new loans for Portugal and Ireland failed to inspire European markets.

Sir Trevor McDonald to receive Bafta Fellowship (AFP) Posted: 17 May 2011 01:19 AM PDT AFP - Veteran broadcaster Sir Trevor McDonald - the face of ITV News for many years - is to be given a major honour at the TV Baftas.

BP says to continue Rosneft talks after deal lapses (AFP) Posted: 17 May 2011 12:30 AM PDT AFP - British energy giant BP said on Tuesday that it will continue talks with Rosneft after the lapse of its Arctic exploration and share-swap deal with the Russian state oil giant.

Britain's Queen honors Irish nationalists (Reuters) Posted: 17 May 2011 10:16 AM PDT Reuters - Queen Elizabeth honored Irish people killed fighting for independence from Britain on Tuesday in a powerful gesture of reconciliation few people would have believed possible even in recent times.

London bomb threat ahead of queen's Ireland trip (AFP) Posted: 16 May 2011 07:03 PM PDT AFP - British police received a coded bomb threat for London from Irish republicans, heightening security fears on the eve of an historic and highly-charged trip by Queen Elizabeth II to Ireland.

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