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UK NEWS

Royal Mail posts stamp price hike

The price of a first class stamp is to increase by 5p to 46p and by 4p to 36p for second class next April,...

Barclays speeds up handover process

Barclays will begin 2011 with a new boss after the banking giant brought forward the start date for American-born banker Bob Diamond.The company said...

Bankers 'to escape new bonus rules'

Most financial institutions in the UK will be able to escape strict European rules aimed at curbing bankers' bonuses under a new code issued...

Bank jitters weigh on FTSE 100

Banking stocks pulled the London market lower as investors were again spooked by deepening European debt woes.Ireland's credit rating was slashed from Aa2 to...

Japan's defence focuses on China

Japan is to refocus its defence strategy to counter the rise of China, new guidelines revealed.It will boost its armed forces after the cabinet...

US 'feared India's weapon security'

US officials fear terrorists could take advantage of lax security at Indian laboratories to launch attacks with biological weapons, according to comments in a...

Poland slams Russia's crash report

Poland has rejected as "unacceptable" Russia's draft report on the causes of a plane crash that killed the Polish president.Prime minister Donald Tusk criticised...

Cameron calls for EU budget freeze

David Cameron announced he has joined forces with France and Germany to demand a real-terms freeze in the European Union budget until the end...

Murderer loses right-to-vote appeal

A man serving a life sentence for raping and murdering his niece has lost his appeal over the right to vote while in jail.Peter...

Darling call on bank stress tests

The European Commission urgently needs to carry out thorough stress tests on banks in the wake of the Irish bail-out, former chancellor Alistair Darling...

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