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 2 yrs | John Sewel, deputy speaker of Britain’s upper house of parliament, resigns over drug claims

              John Sewel, the Chairman of Committees and deputy speaker of Britain's upper house of parliament, has resigned after a tabloid published hidden camera footage in which Sewel is allegedly seen snorting cocaine with prostitutes and making racist remarks about Asian women. "Today’s revelations about the behavior of Lord Sewel are both shocking and unacceptable," Lord Speaker Baroness D'Souza said in a statement, adding that the allegations will be referred to police for investigation. [full statement attached]   


  London, England     

 

BREAKING


 2 yrs | Japan’s Nikkei to buy Financial Times group for $1.3 billion

              British publishing group Pearson has agreed to sell the Financial Times Group to Japanese media group Nikkei for £844 million ($1.3 billion) in cash, the companies have announced. The deal does not include the FT Group's London property at One Southwark Bridge and Pearson's 50% stake in The Economist Group, which publishes Economist magazine. The announcement came just an hour after the Financial Times newspaper had reported Axel Springer to be the likely buyer, but that turned out to be wrong. [press release attached]   


  London, England        2 UPDATES

 

URGENT

 2 yrs | Axel Springer in ‘advanced talks’ to buy FT Group - paper

              Axel Springer, Germany's biggest newspaper company, is in advanced talks to buy the FT Group from British publishing group Pearson, but it is not certain that the negotiations will lead to a sale, the Financial Times newspaper is reporting, citing several people familiar with the talks. Japanese media group Nikkei also had discussions with Pearson in recent weeks, the paper said, but the talks with Springer are further advanced. The FT Group comprises the Financial Times, a number of related titles, and a 50 percent stake in the Economist Group, which publishes Economist magazine.   


  London, England        2 UPDATES

 


 2 yrs | Union announces second 24-hour strike on London underground

              The trade union representing British train drivers says it plans to stage another 24-hour strike on the London Underground from 9:30 p.m. on August 5. The news comes after last week's 24-hour strike over anger about plans for an all-night service shift that would require drivers to work an unlimited number of weekends and overnight without a significant pay increase. Talks between Transport for London and union bosses have broken down.   


  London, England        2 UPDATES

 

 2 yrs | Shopping center in London evacuated over WW2 shell

              The Westfield Shopping Centre and a number of other buildings in west London have been evacuated over the discovery of what is believed to be a World War II shell at a construction site, police say. A cordon and a wider exclusion zone of 400 meters (1,312 feet) have been implemented as a precaution, while a number of buildings close to the site have been evacuated. A BBC spokesman would not comment whether the BBC Television Centre, which is nearby, has been affected.   


  London, England     

 





 


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