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      Taylor Wimpey cuts housing targets in ‘subdued’ market

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Business

  • Julian Assange refuses to leave after 2 years in Ecuadorian embassy despite heart condition fears

    August 18, 2014

    Wikileaks founder Julian Assange has refused to turn himself over to British police after widespread rumours he was planning to give himself up outside the Ecquadorian embassy. The 43 year old Australian has taken refuge in the embassy for two years and is reportedly suffering from heart and lung problems. Ecuador's President Rafael Correa, a [...]

  • Rio Tinto reviewing its 53.8 per cent stake in Bougainville Copper and unused Panguna mine

    August 18, 2014

    Rio Tinto has announced that it is reviewing all options for its 53.8 per cent stake in Bougainville Copper Limited.   Bougainville Copper owns the large Panguna mine on Bougainville Island in Papua New Guinea, however Rio Tinto are considering selling its stake in the company after the government passed new mining legislation which converts [...]

  • Bovis Homes benefits from housing boom, with profit up 166pc

    August 18, 2014

    UK housebuilder Bovis Homes has experienced a 166 per cent rise in profit following a strong demand for new homes.    In results released this morning for the six months to 30 June, the FTSE 250 company reported a 54 per cent increase in the number of new homes built compared to the same period [...]

  • European Championships 2014 medal table: How does Great Britain’s tally compare to previous years?

    August 18, 2014

    After a record-breaking Commonwealth Games for England, Scotland and Wales, the athletes of Great Britain banded together to repeat the feat at last week's European Athletics Championships in Zurich. After such stand-out gold medal victories as Mo Farah's triumph in the men’s 10,000m and 5,000m, Jo Pavey in the women’s 10,000m, Adam Gemili in the men's 200m [...]

  • George Osborne and Mark Carney hit by interest rate stitch-up row

    August 18, 2014

    City MP Mark Field last night questioned the independence of the Bank of England, sensationally suggesting that governor Mark Carney and chancellor George Osborne had made a pact that would ensure interest rates remained at their historic low until next year’s general election. A Treasury source hit back, saying “The idea that there is some [...]

  • Russian and Ukrainian officials open truce talks in Berlin

    August 18, 2014

    RUSSIAN and Ukrainian ministers are to meet in Berlin today to discuss a possible ceasefire, at talks which will also be attended by ministers from France and Germany. Ukrainian foreign minister Pavlo Klimkin and his Russian counter­part, Sergey Lavrov, will be joined by Frank-Walter-Steinmeier of Germany and France’s Laurent Fabius at a meeting called to [...]

  • London house prices continue to fall as cooling property market spurs rush to sell

    August 18, 2014

    London house prices are falling for a third month in a row, according to a major property site, the latest sign of a groundswell of sellers flooding the market.   New selling prices dropped 5.9 per cent between July and August, according to Rightmove. Although prices are still 10.3 per cent higher than in the [...]

  • Yes to independence would see Scotland leave the UK forever

    August 18, 2014

    If Scotland votes “Yes” to independence on 18 September, it will be leaving the UK forever with no opportunity to rejoin, Danny Alexander has warned. The chief secretary to the Treasury and head of the UK’s effort to persuade Scots to stick with the United Kingdom, told The Sunday Telegraph: “It is not like a [...]

  • Obama gave go-ahead for US airstrike on dam

    August 18, 2014

    The White House said yesterday that President Barack Obama had authorised US air strikes in Iraq to help retake control of the Mosul Dam, which had been held by Islamic State (IS) Sunni jihadis. “The failure of the Mosul Dam could threaten the lives of large numbers of civilians, threaten US personnel and facilities… and [...]

  • Dr Martens boots its chief up to chairman

    August 18, 2014

    BRITISH footwear brand Dr Martens has poached the European boss of rival shoe company Deckers Outdoor to become its new chief executive. Steve Murray will take over as chief executive of the punk boot brand in October when its current boss David Suddens will step up to become non-executive chairman. The group, bought out by [...]

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