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USA UK and Malta News
18/12/2007 - 23:42

UK today, Editoweb 18 dec 2007


LibDems pick Clegg to revive fortunes - Northern Rock gets more guarantees - Diana chauffeur "driving like a maniac" - Sterling falls against dollar after weak inflation figures - Curbs on non-EU tourists.



LibDems pick Clegg to revive fortunes
The Liberal Democrats elected 40-year-old Nick Clegg as their third leader in two years on Tuesday, handing him the task of improving their battered electoral fortunes and restoring party harmony.
"Under my leadership we will be ambitious. Together we can break the stifling two-party system and change Britain for good."

Northern Rock gets more guarantees
The government deepened its involvement in Northern Rock on Tuesday, offering to guarantee more of the stricken mortgage bank's liabilities as it battles to find a private-sector buyer.
Facing growing speculation it could be forced to nationalise the country's fifth-largest mortgage lender, the government extended its guarantees to include virtually all Northern Rock's senior debt obligations, a move aimed at providing stability and at protecting the bank's credit ratings.

Diana chauffeur "driving like a maniac"
The chauffeur for Princess Diana and her lover Dodi al-Fayed on their final journey was driving "like a maniac" on the day they died, the inquest into their deaths was told on Tuesday.
"Henri Paul almost killed us. He drove way too fast and recklessly," said holistic healer Myriah Daniels who had flown back to Paris with Dodi and Diana after their holiday on a yacht in the Mediterranean in August, 1997.

Sterling falls against dollar after weak inflation figures
The pound slipped against the dollar after weak inflation figures fuelled expectations that the Bank of England will cut interest rates in the coming months, dealers said Tuesday.
The Office of National Statistics said the consumer price index measure of inflation was 2.1 percent in November.
The figure is slightly above the Bank of England's target of 2.0 percent, it undercuts analysts' expectations of a 2.2 percent rise.

Curbs on non-EU tourists
Non-EU tourists could see their visas to the UK halved from six to three months in an effort to prevent overstaying, the Home Office said on Tuesday.
It also wants to consult on charging some UK families a cash deposit of up to 1,000 pounds for every relative visiting the country from outside the EU.
Families whose relatives fail to return home on time run the risk of forfeiting the money.

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