Wednesday 17 October 2012

UK NEWS


UK Blocks Extradition of Alleged Hacker to US
Wall Street Journal
LONDON—The U.K. blocked the extradition to the U.S. of a British computer hacker accused of accessing American military computers and proposed changes to its system of handing over suspected criminals, raising questions about extradition arrangements ...
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RBS to Exit UK Asset Protection Plan After $4 Billion Fees
Businessweek
Royal Bank of Scotland Group Plc agreed to exit the U.K.'s Asset Protection Scheme after paying 2.5 billion pounds ($4 billion) to the government to insure its most risky assets. Britain's biggest taxpayer-owned bank was in 2009 the only lender to join ...
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UK charges British man with taking journalists hostage in Syria
Fox News
LONDON – A British man has been charged in the kidnapping of two Western journalists in Syria, police said Tuesday, adding to growing concerns about foreign extremists traveling to the civil war-stricken Arab state and posing a future threat to the West.
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Starbucks may face UK tax probe after lawmaker asks for inquiry
Reuters
A Reuters report that Starbucks had been telling investors its UK unit was highly profitable while telling the UK authorities that the unit was lossmaking, and thereby not liable for tax, undermined public trust in the tax system, MPs said. Margaret ...

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