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Lloyds may join cull of final-salary pensions Lloyds Banking Group could become the latest big UK company to axe its final salary pension for existing employees. The state-owned bank confirmed it has started work on standardising its employee ter... Canadastandard.comBritish MPs want gov`t to engage Hamas British legislators on Sunday urged the government to engage in talks with 'moderate elements' within Hamas, saying that the Quartet's policy of shunning the Palestinian group until it accepts previou... bignewsnetwork.comSwine flu vaccine will be safe, say officials . EU accelerates approval process for treatment . WHO chief warns of dangers of untested jabsThe World health Organisation has raised concerns about the fast-track production of the swine flu vaccine in Europe, where the treatment is due to be made available at least two months earlier than in the US. Britain is expected to be the first country in Europe to provide the vaccine, with the first of 132 million ordered doses due to be administered next month.The European Medicines Agency (EMA), the drug regulatory body for the EU, is accelerating the approval process for the vaccine, and countries including Britain, Greece, France and Sweden plan to start using it as soon as it is cleared. The most vulnerable groups, such as pregnant women and young children, will be given priority.To ensure the vaccine is available as soon as possible, the EMA is allowing companies to bypass large-scale human trials. Amid concerns about bird flu several years ago, the EMA designed a protocol to fast-track GuardianKilling of China steel plant boss halts sale The privatisation of a state steel group has been scrapped after an executive was beaten to death by workers angry at the threat to their jobs from a takeover, says a Hong Kong rights group Financial TimesAlistair Darling criticism puts banks on defensive . Small businesses struggle to pay loans, says Darling. MP to shame Ulster banks over failure to lendBritain's banks are squaring up for a new battle tomorrow with the chancellor, Alistair Darling, after rejecting his complaint that struggling small and medium-sized businesses were still paying too much for bank loans that remain in short supply.Stung by his renewed criticism ahead of meetings with the Treasury tomorrow, the British Bankers' Association took to the airwaves to insist it is doing its best in hard times for recession-hit customers. Lending to small businesses rose by £391m in June as almost 50,000 new small business relationships were established with banks, the industry group said. Deposits from small businesses also grew by £577m, perhaps reflecting 'improved business confidence,' the BBA said.With the economy's second quarter growth figures worse than predicted - a 0.8% contraction in the three months up to June - Darling had used the platform provided by BBC1's Andre GuardianEgypt puts 26 suspected Hezbollah members on trial for spying and plotting terrorist attacks Egypt's prosecutor general on Sunday officially charged 26 suspects, including two Lebanese and five Palestinians, for spying for the militant group Hezbollah, as well as plotting terrorist attacks and aiding militants in the Gaza strip. Topix.netHotel firm gets £60m for growth Hotel group Jury Inn secures £60m in additional funding to support a further expansion of the business, it announces. BBCHindu activists protest conversion of a woman to Christianity in Bhopal Bhopal, July 26 : Activists of Hindu radical groups on Sunday protested outside a church against the conversion of a Hindu woman to Christianity in Bhopal city. bignewsnetwork.comChinese steel executive beaten to death The privatisation of a state steel company has been scrapped after an executive was beaten to death by workers angry at the threat to their jobs from a takeover of their firm, according to a Hong Kong rights group Financial TimesThousands of workers clash with police ABOUT 30,000 Chinese steel workers have clashed with police over plans to merge their mill with another company and beat a manager to death, a Hong Kong-based human rights group has said. News.com.au1 2 3 |
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