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02/03/2010 19:43

UK & USA Today Editoweb 2 March 2010

BBC axing two radio stations in 'quality' shake-up - Metro Bank set for approval - Tories say Labour victory would weaken pound.



BBC axing two radio stations in 'quality' shake-up

The BBC plans to close two radio stations - 6 Music and the Asian Network - the corporation has confirmed.

Metro Bank set for approval

Regulators are set to authorise U.S. entrepreneur Vernon Hill's Metro Bank venture in Britain, though the final green light to begin taking deposits is still pending, sources close to the matter said.

Tories say Labour victory would weaken pound

The Conservatives said on Tuesday a victory for the Labour Party in an upcoming election would tip sterling into a "downward spiral" and push the cost of borrowing higher.

Crowds mourn bomb disposal expert

Thousands of mourners brought a town to a standstill as they paid their respects to a "professional, caring and knowledgeable" Army bomb disposal expert killed in Afghanistan.

Agreement reached on TV debates

The three main parties have reached agreement with broadcasters over the first televised leaders' debates in a UK general election, it has been announced.

AstraZeneca Jobs To Go At Loughborough Site

Drug giant AstraZeneca is to close a research centre near Loughborough with the loss of up to 1,200 jobs, workers have been told.

Kentucky's Bunning again blocks jobless benefits

Jim Bunning on Tuesday again blocked the Senate from extending unemployment benefits and health insurance subsidies for the jobless.

Iowa jury convicts man in football coach killing

A jury found an Iowa man guilty Tuesday of first-degree murder in the shooting of a nationally known high school football coach.

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