180 pounds for a "photo opportunity with Tony Blair"September 27th, 2009 LONDON - Former British Prime Minister Tony Blair has been cashing it up by attending various lecture events and corporate work, and for a latest event, admirers have paid 180 pounds to have a photograph with him. Blair will attend the Surrey Regional Economic Summit in British Columbia on October 6, during which as many as 100 people will be whisked through in a one-hour session, where they would get an opportunity to meet and have photographs taken with the former prime minister.
Ex-publisher of Philly newspapers working for creditors in bankruptcy fight for controlAugust 28th, 2009 Philly newspaper creditors hire ex-publisherPHILADELPHIA — Creditors seeking to take control of Philadelphia Newspapers in a hard-fought Chapter 11 bankruptcy case have hired a former publisher of the two daily newspapers. The creditors say retired publisher Bob Hall would be part of the management team if they take over the company.
Magna creditors seek to pursue claims against Stronach, other company leadersAugust 18th, 2009 Magna creditors target company leadersWILMINGTON, Del. — A Delaware bankruptcy judge says creditors of horse-track owner Magna Entertainment Corp.
Administrators for Lehman's European unit plan to return frozen assets as soon as next yearJuly 15th, 2009 Lehman administrators reveal asset return planLONDON — Administrators for the main European unit of bankrupt U.S. investment bank Lehman Brothers Holding Inc.
UK government says Serious Fraud Office will investigate collapse of MG RoverJuly 6th, 2009 British fraud office to investigate MG Rover caseLONDON — Britain's Serious Fraud Office will investigate the collapse of MG Rover following an independent inquiry in to the car marker's demise four years ago, the government said Monday. Business Secretary Peter Mandelson said in a written statement that he had ordered the agency to "consider whether there should be a criminal investigation" in light of the report.
Saab's creditors accept write-down of $1 bln debt after news about new ownerJune 17th, 2009 Saab's creditors accept $1 bln debt settlementSTOCKHOLM — GM unit Saab's creditors on Wednesday approved the write-down of 8.1 billion kronor ($1 billion) of the Swedish car maker's debt as part of the company's reconstruction. Saab Automobile AB spokeswoman Gunilla Gustavs said 81.5 percent of creditors approved the settlement at a hearing in the Vanersborg district court in southwest Sweden.
Brit men spend £4.2bn annually on sleazy fun behind partner's backsJune 16th, 2009 LONDON - Men will splash out a whopping 4.2 billion pounds this year pounds on sleazy fun behind their partner's backs, according to a new UK survey. The OnePoll.com site found that men will spend 1.6 billion pounds on strippers, hundreds of millions on adult websites and saucy phone downloads.
American beer giant saves curry house lager Cobra from collapseMay 30th, 2009 LONDON - The American beer giant behind Carling and Worthington's has saved curry house lager Cobra from collapse. Molson Coors announced it is setting up a joint venture with Cobra founder Lord Karan Bilimora to buy the business.
Karan Bilimoria to stay with Cobra BeerMay 30th, 2009 LONDON - Indian-origin entrepreneur Karan Bilimoria is to stay involved with Cobra Beer as its chairman after setting up a joint venture with an American brewer Friday to save the financially troubled company, a media report said. Molson Coors acquired the brand in Britain, where Cobra Beer is sold in 6,000 restaurants, mostly Indian curry outlets, The Times reported Saturday.
Victoria Beckham's bag collection worth 1.5 mn poundsMay 14th, 2009 LONDON - Former Spice girl Victoria Beckham's Hermess Birkin bag collection is said to be worth 1.5 million pounds. Victoria reportedly owns 100 bags of the classic design, which retail at an astonishing $6,000 (about 4,000 pounds) to $7,000 (about 4,700 pounds) each, reported femalefirst.co.uk.
BBC show finds "passport" signed by Charles I in 1641May 11th, 2009 LONDON - A BBC Show has come across a "passport" dating back to 1641 in Sunderland, UK, which was signed by Charles I. According to a report by BBC News, the program, known as 'Flog It', has put a price of up to 20,000 pounds on a "passport" which is almost 400 years old.
Man U in talks with Kaka over a summer moveApril 25th, 2009 LONDON - Manchester United has held talks with Brazilian soccer star Kaka over a sensational summer move. The Brazilian's representatives met United to discuss personal terms, which would total 35 million pounds in wages alone.
Jacqui Smith faces new grilling for barbecue and garden patio setApril 6th, 2009 LONDON - British Home Secretary Jacqui Smith is once again in the news after she claimed 200 pounds in expenses to buy a barbecue and garden patio set. Smith, 46, who earns 142,000 pounds a year, also billed taxpayers for 335 pounds worth of plant pots.
Cameron Diaz to move to England with beau?January 31st, 2009 LONDON - Hollywood actress Cameron Diaz is contemplating buying a home in Essex, England, and moving there with British boyfriend Paul Sculfor. The couple have reportedly shown interest in a luxurious $3.2 million (2.2 million pounds) mansion in Sculfor's home county of Essex, Contactmusic.com reported.
Williams rewards himself 5.5 mn poundsJanuary 30th, 2009 LONDON - British pop star Robbie Williams has rewarded himself with a pay packet of 5.5 million pounds. Thesun.co.uk reports that Williams has paid himself for not doing anything the past year.