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Leveson discussions could ‘castrate’ UK press, says Mirror’s Lloyd Embley – The Guardian

Daily Mirror editor-in-chief Lloyd Embley fears the deadlock in Leveson proposal discussions could ultimately lead to flawed regulations that “castrate” the UK press. Embley, who is also editor-in-chief of the Sunday Mirror and Sunday People, told the ISBA annual conference in London on Wednesday that the protracted talks could turn into a “political football”. “Leveson […]

UK puts Brazil visitor visa crackdown on hold – BBC News

UK puts Brazil visitor visa crackdown on hold – BBC News

13 March 2013 Last updated at 04:52 ET The government is under pressure to reduce immigration Plans to impose visa restrictions on Brazilian tourists have been put on hold by Home Secretary Theresa May. Like US, Canadian or Australian citizens, Brazilians can […]

UPDATE 1-UK Stocks-Factors to watch on Wednesday March 13 – Reuters

Wed Mar 13, 2013 3:25am EDT LONDON, March 13 (Reuters) – Britain’s FTSE 100 index is seen opening down 13-26 points, or as much as 0.4 percent, on Wednesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on * The UK blue chip index ended up 6.99 points, or […]

World stocks down on bleak UK factory production – Huffington Post

BANGKOK — World stock markets ran out of steam Wednesday after a sharp drop in Britain’s industrial production and a warning from the head of Germany’s central bank that the euro debt crisis isn’t over. Bundesbank President Jens Weidmann said Tuesday that the European Union needs to move ahead with reforms to keep troubles in […]

UK Science and Technology Firms Starved of Credit – Fox Business

A lack of affordable credit in the U.K. is stopping smaller U.K. science and technology firms from getting products to market, obstructing growth in a crucial part of the economy, a panel of British lawmakers said Wednesday. The report from the Science and Technology Committee, which urges the government to increase funding for the sector […]

Lord Browne promises to invest ‘whatever it takes’ in UK fracking – The Guardian

Lord Browne, the former chief of BP and now the most senior business adviser to the coalition government, has vowed to defy environmentalists to invest “whatever it takes” – potentially running to billions of pounds – in the controversial UK “dash for gas“. In a rare interview Browne, chairman of Cuadrilla Resources, the UK’s only […]

UK inflation basket: ebooks in, champagne out – The Guardian

In a sign of their growing acceptance, ebooks have been included by government statisticians in the basket of goods used to measure the cost of living. The annual changes to the inflation basket, which the Office for National Statistics uses to monitor the impact of rising prices, provides an official snapshot of the changing spending […]

ADR Shares End Lower Amid UK Economic Concerns – Fox Business

International companies trading in New York closed lower Tuesday as data fanned concerns that the U.K. economy is slipping back toward recession, weighing on stocks despite an upbeat view from Germany. The Bank of New York index of ADRs slid 0.5% to 136.92. Manufacturing output in the U.K. fell 1.5% in January, much worse than […]

UK rejects call for EU countries to vote on same day – The Guardian

The UK government has rejected calls for a common voting day for European parliament elections – insisting Britain will stick to its tradition of polling on Thursdays. The European commission recommended a single voting day as a gesture of EU solidarity, and to boost embarrassingly low voter turnout in the euro-elections. If adopted, the odds […]

EURO GOVT-Bunds rise on UK data, break key technical levels – Reuters

Tue Mar 12, 2013 1:24pm EDT * German Bunds follow UK gilts higher after weak data * Break through resistance levels fuels Bund rally * Investors prepare for Italian auction By Ana Nicolaci da Costa and Emelia Sithole-Matarise LONDON, March 12 (Reuters) – German Bunds rallied on Tuesday after breaking key technical resistance as a […]