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Iconic London taxi faces uncertain future

Oct 24, 2012
The maker of London’s famed black cabs has filed for bankruptcy protection. Recession, quality issues and competition have hit profits.
Posted In: London, taxicabs, taxis

London businesses tally up sales after Olympics

Aug 14, 2012
Now that the Games are over, small businesses in London are complaining of losses in their books.
Posted In: London Olympics, tourism, London, Small Business

Brits think the Games have gone maybe, sort of, OK

Aug 10, 2012
London Olympics go smoothly despite trademark British glumness heading into them.
Posted In: London, London Olympics, Olympics 2012

Standard Chartered diverges from other bank scandals

Aug 9, 2012
The scandal over British bank Standard Chartered is taking some interesting turns. This week New York's financial regulator charged the bank with concealing transactions for Iranian clients -- breaking U.S. sanctions against Iran. Standard Chartered could lose its New York license, which would be devastating.
Posted In: Banks, Standard Chartered, London

Rain or shine: Betting on the Olympics

Jul 25, 2012
The Olympics get underway later this week but the games have already started. People are betting on all things Olympic from the usual bets, like who will win certain events to less usual bets.
Posted In: Olympics 2012, London, Sports, gambling

Brits worry if cost of Olympics is worth it

Jul 24, 2012
The 2012 Olympic Games begin in London on Friday, but already a venerable Olympic sport is well underway: The Brits are arguing about the costs and benefits of an event which has so far set them back at least $15 billion.
Posted In: London, Olympics 2012, London Olympics

Will the Olympics pay off for Britain?

Jul 23, 2012
The London Olympics will put Britain's capital in the spotlight, but some wonder how much of a payoff the Games bring in the long-term.
Posted In: London, Olympics 2012, London Olympics

Heathrow border agents to strike day before Olympics

Jul 20, 2012
Fears are growing in London that the Olympics may not start smoothly. The union representing border agents at Heathrow airport is planning to go on strike a day before the ceremonies begin.
Posted In: Olympics 2012, London, Heathrow

Four more banks under investigation in LIBOR scandal

Jul 19, 2012
According to the Financial Times newspaper, four big European banks have joined Barclays in the not-so-prestigious club of financial institutions being investigated for rigging a benchmark lending rate called LIBOR.
Posted In: banking, LIBOR, London

British Army brought in to fill Olympic security gap

Jul 12, 2012
The British government says it will have to deploy an extra 3,500 soldiers to protect the Olympic Games after a private security contractor abruptly said it would fall short.
Posted In: Olympics 2012, London, Britain

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