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Buckingham Palace: Prince Philip taken to hospital as 'precautionary measure' - Washington Post

The British queen's husband, Prince Philip, has been taken to a Scottish hospital as “a precautionary measure,” Buckingham palace said Wednesday. The palace says the 91-year-old Duke of Edinburgh was taken to Aberdeen Royal Infirmary.

 

Standard Chartered Settles With New York for $340 Million

New York’s top banking regulator had charged the British bank with laundering $250 billion in tainted money for Iranian clients.

 

Assange seeks London-Quito ticket but Sweden looms

Britain is determined to extradite Julian Assange to Sweden and has made that clear to Ecuador, which is sheltering the founder of WikiLeaks inside its London embassy while it considers his asylum request, British authorities said on Tuesday.

 

Trade body says UK tourism slumped during Olympics

UK Tourism

The Olympics brought less tourist money to recession-hit Britain than officials expected, a trade group said Monday, with a majority of tourist businesses reporting losses from last year.

Senh: That's surprising. You'd think with all those people there, everyone would be making more, if not record, sales.

 

Biggest London fire 'for years'

More than 200 firefighters have tackled a blaze described by London Fire Brigade as the biggest seen in the capital for several years. The brigade was called at about 13:15 BST when flames took hold at a recycling centre in Dagenham, east London.

 

McKeever wins Britain's 26th gold

Ed McKeever wins the men's 200m kayak sprint, adding a 26th gold to Great Britain's medal tally at the London Olympics.

 

Libor rate overhaul launched by UK regulator

Libor

Libor benchmark interest rates are no longer "fit for purpose" and must be changed or replaced, Britain's regulator said on Friday as he set out proposals to restore their credibility.

 

StanChart begins fightback on Iran allegations

Standard Chartered won some help from Britain's central bank governor on Wednesday in its fightback against the New York banking regulator's allegations that it had hidden $250 billion of transactions with Iran.

 

NY may pull StanChart license, says "rogue" bank hid $250 billion in Iran deals

Standard Chartered

New York's top bank regulator threatened to strip Standard Chartered Plc of its state banking license, saying the British bank was a "rogue institution" that hid $250 billion in transactions tied to Iran, in violation of U.S. law.

 

BoE leaves policy on hold as British economy worsens

Bank of England

The Bank of England left its monetary policy unchanged on Thursday, judging that its July decision to expand purchases of government bonds is enough stimulus for now despite the danger of a prolonged slump.

 

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