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USA UK and Malta News
14/12/2011 - 19:14

Great-Britain news: Massacre claims

Great-Britain news: Massacre claims - Massacre claims 'deeply troubling' - Newsmaker - Cazenove's Wise new head looks beyond one-man brand - UK clears Areva/EDF, Westinghouse reactor designs.

Great-Britain news: Massacre claims
Massacre claims 'deeply troubling'
Cold case detectives unable to rule out state collusion in the Miami Showband massacre have admitted the allegations are deeply troubling. Survivors and families of the victims of one of the most shocking atrocities of the Troubles said suggestions a police agent was involved has devastated them. Three members of the hugely popular band were killed in the July 1975 Ulster Volunteer Force (UVF) attack at a bogus checkpoint set up on the main Belfast to Dublin road, in Co Down. The loyalist gang, including a number of serving Ulster Defence Regiment (UDR) soldiers wearing British Army uniforms, gunned down the musicians after a bomb they tried to attach to their minibus exploded prematurely. The Historical Enquiries Team (HET) - a unit which reports to Northern Ireland's chief constable Matt Baggott on cases during the conflict - tried but could not refute suspicions of security force involvement.(press association)

Newsmaker - Cazenove's Wise new head looks beyond one-man brand
Tim Wise has a complex balancing act to pull off as he steps onto the public stage as head of JPMorgan Cazenove, the new face of a venerable British broker and adviser prized for the discretion of its bankers. Wise took over last month as chairman from David Mayhew, one of the City of London's best known and yet most intensely private bankers. A corporate finance specialist, Wise has until now kept a low profile, known only to clients, colleagues and peers. Even as chairman, the 50-year-old cricket fan and keen cook still intends to spend much of his time behind the scenes, with a focus on advising his British corporate customers. But Wise is also acutely aware he has to move Cazenove beyond the era of veteran Mayhew, who, after 10 years in the top job and more than 40 at the firm, was virtually synonymous with the business. Mayhew, 71, becomes vice chairman of JPMorgan's global investment bank where he will focus on advising clients. Cazenove, the quintessential blue-blooded British bank known as the Queen's broker, evolved relatively quickly in recent years under Mayhew, most notably through its takeover by U.S. investment bank JPMorgan in 2009.(reuters.com)

UK clears Areva/EDF, Westinghouse reactor designs
Britain's nuclear regulator issued interim design approval for Areva and EDF's European Pressurized water Reactor (EPR) and Westinghouse's AP1000 nuclear reactor on Wednesday, paving the way for UK plant developers to use them in new power stations. "Generic designs for two nuclear reactors proposed for construction in the UK have been granted interim design acceptance by the independent nuclear safety, security and environment regulators," Britain's Office for Nuclear Regulation said in a statement. Both companies have additional technicalities to clarify but the regulator said it was satisfied they would resolve remaining issues to gain a full licence, which is needed to start construction and costs applicants around 25 million pounds. Areva will supply two 1,600-megawatt (MW) EPRs to fellow French company EDF to build Britain's first new nuclear power plant in nearly 20 years at Hinkley Point in Somerset. "This (announcement) will open the way to construction of the first EPR in the UK and all the benefits our low carbon technology will bring in terms of employment and assured energy supply," said Areva's UK Chairman, Alain-Pierre Raynaud.(reuters.com)

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