Regulators are forcing lenders to consider scenarios like a flu pandemic or disruptions to the country's food-supply chain to measure banks' financial health.
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BP's Russian partners in TNK-BP can block just $1 billion in dividend of the expected $1.8 billion payment from the Anglo-Russian oil joint venture, a spokesman from TNK-BP's Russian shareholders said.
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Shares of Ocado tumbled after John Lewis Partnership Pension Trust sold its 10.4% holding in the online grocer at a discount.
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A U.K. court has adjourned the extradition hearing of WikiLeaks founder Julian Assange until Feb. 24. Judge Howard Riddle told Mr. Assange he would "consider the matter," and asked Mr. Assange to return that day.
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U.K. factory-gate inflation accelerated to an eight-month high in January, adding to the price pressures that could prompt the Bank of England to raise interest rates in the coming months.
London's main Olympic Stadium is likely to be occupied by West Ham United following the 2012 Games after the English Premier League football club was recommended as the preferred tenant for the venue.
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The Bank of England kept its key interest rate unchanged at 0.5%, despite the likelihood that the inflation rate will rise to more than double the bank's target in the next few months.
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British lawmakers voted overwhelmingly to maintain a ban on allowing prisoners to vote in elections, setting the U.K. up for a potential clash with the European Court of Human Rights, which has instructed Britain to drop the ban.
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A local council's effort to evict a mosque from an abandoned industrial site in east London demonstrates Britain's shifting appetite for multiculturalism, which U.K. Prime Minister David Cameron has proclaimed "dead."
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Global drinks giant Diageo warned that weak economic conditions in Western Europe, particularly the struggling economies in the south, has contributed to falling demand across the region.
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U.S. energy company PPL Corp. has joined the bidding for E.ON AG's U.K. electricity grid distribution business.
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News from The Wall Street Journal and Dow Jones Newswires
The Big Society is being relaunched. We know how this sort of thing usually ends. Initiatives that have to be revamped rarely succeed and leaders who reach for the relaunch button often find themselves pressing it again, and again, and again, with diminishing returns.
It seems that leading figures around the Prime Minister are rediscovering their Eurosceptic roots. Their voyage of discovery--which until now has been happening out of public view--is a very significant development in the life of the coalition government. It is a harbinger of tension and potential conflict.
With the report by the Financial Crisis Inquiry Commission entering the bestseller lists, the commission has released tapes of more of its interviews with top financial figures
The investment banking chief at UBS uses an appearance at the London School of Economics to talk regulation, bonuses and capital buffers
Research shows executives offloaded millions of dollars in shares between 2000 and 2008
What will the new NYSE Börse be called? Brand consultants already say NYSE's name is the second most powerful in the exchange world, but there is always the possibility that egos will get in the way
Saturday's match between Manchester United and Manchester City will be the most expensive game played in any sport, at any time, anywhere.