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USA UK and Malta News
26/11/2007 - 23:54

Editoweb: UK today, 26 nov 2007

Anti-Fascist Protests At Oxford University Over BNP Speech - Labour chief quits in donations row - Virgin team picked for Northern Rock rescue - Committee critical of capital tax change - Carbon price vital but inadequate in climate crisis.



Anti-Fascist Protests At Oxford University Over BNP Speech
Protesters have forced their way into a debate at Oxford University featuring the BNP leader Nick Griffin and historian David Irving, a Holocaust denier.
The debate about free speech had angered anti-racism campaigners who said the two men should not be given a platform to speak.

Labour chief quits in donations row
Gordon Brown faced a fresh sleaze blow when Labour's most senior party official quit after admitting inadvertently breaking party funding rules over "secret" donations.
Labour general secretary Peter Watt's resignation came as it emerged the sum involved was more than £600,000 - half as much again as the £400,000 that had been originally reported.

Virgin team picked for Northern Rock rescue
A consortium led by Richard Branson's Virgin Group expects to repay Northern Rock's emergency loans from the Bank of England within three years, it said after being picked as the bank's preferred rescuer.
Virgin's proposal may calm a mounting political dispute about the use of taxpayer funds to help Northern Rock and also offers some potential upside to shareholders. Analysts said both factors probably helped it win support for its deal.

Committee critical of capital tax change
A committee of MPs has raised fresh questions over the chancellor's decision to reform capital gains tax.
In a report released on Monday, the Commons Treasury committee urged Alistair Darling to take action to reduce the impact of the abolition of taper relief on small businesses and employee shareholders.

Carbon price vital but inadequate in climate crisis
Achieving a high and stable price for carbon is vital but inadequate on its own in the bid to beat climate change, business leaders said in a far reaching report on Monday.
Governments had to use regulation and taxation to reinforce the move from a high to a low carbon economy, and consumers had to be given much more information to help them make product and lifestyle choices, the Confederation of British Industry said.

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