Yahoo! News: World - Britain

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• UK opposition promotes young lawmakers to top team (AP)
• Designer accepts damages over tabloid hacking (AP)
• Cross-dressing ceramicist creates British museum show (Reuters)
• Moody's downgrades a dozen UK banks (AP)
• Moody's cuts credit ratings on UK banks RBS and Lloyds (Reuters)

UK opposition promotes young lawmakers to top team (AP) Posted: 07 Oct 2011 08:09 AM PDT AP - Britain's main opposition party promoted a host of new and mostly young lawmakers into senior roles Friday in an overhaul of its senior team of legislators.

Designer accepts damages over tabloid hacking (AP) Posted: 07 Oct 2011 04:40 AM PDT AP - Lawyers say interior designer Kelly Hoppen has accepted 60,000 pounds ($93,000) in damages for phone hacking from the publisher of the News of the World.

Cross-dressing ceramicist creates British museum show (Reuters) Posted: 07 Oct 2011 04:28 AM PDT Reuters - The unnamed craftsmen who fashioned the countless treasures of the British Museum are to be honored in an exhibition curated by British artist Grayson Perry, the museum said this week.

Moody's downgrades a dozen UK banks (AP) Posted: 07 Oct 2011 04:05 AM PDT AP - A dozen British banks saw their credit ratings downgraded Friday over doubts over the strength of the government's support, in another sign that the banking sector is facing renewed stresses.

Moody's cuts credit ratings on UK banks RBS and Lloyds (Reuters) Posted: 07 Oct 2011 03:16 AM PDT Reuters - Credit rating agency Moody's downgraded Britain's part-nationalized banks Lloyds and Royal Bank of Scotland on Friday, although Britain's finance minister said UK banks were well-placed to cope with a European debt crisis.

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