Police warn they may not be able to afford Tesco's £3m riot compensation bill

 

In total, the retailer has asked for nearly £3m in compensation from police forces around the country, following the riots that tore through some high streets in August. It is likely that this is the biggest request from a single retailer. The company is claiming under the Riot Damages Act, a piece of Victorian legislation that allows businesses and individuals affected by riot damage to claim directly from the police, rather than their own insurer. In the immediate aftermath of the civil disturbances, the British Retail Consortium urged small retailers to put in their claims to make sure their businesses were not harmed. However, the Greater Manchester Police Authority, which has been hit with 280 claims totalling £4.4m, has criticised Tesco for using the Act, saying there was no guarantee the police force would be able to afford all of the compensation. The force faces £134m budget cuts in the next five years. It added that J Sainsbury was one of a number of large companies that had chosen not to submit any compensation claims. Tesco has submitted more than 20 claims for compensation to Manchester police, including one for £40-worth of looted stock.

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Police warn they may not be able to afford Tesco's £3m riot compensation bill

 

In total, the retailer has asked for nearly £3m in compensation from police forces around the country, following the riots that tore through some high streets in August. It is likely that this is the biggest request from a single retailer. The company is claiming under the Riot Damages Act, a piece of Victorian legislation that allows businesses and individuals affected by riot damage to claim directly from the police, rather than their own insurer. In the immediate aftermath of the civil disturbances, the British Retail Consortium urged small retailers to put in their claims to make sure their businesses were not harmed. However, the Greater Manchester Police Authority, which has been hit with 280 claims totalling £4.4m, has criticised Tesco for using the Act, saying there was no guarantee the police force would be able to afford all of the compensation. The force faces £134m budget cuts in the next five years. It added that J Sainsbury was one of a number of large companies that had chosen not to submit any compensation claims. Tesco has submitted more than 20 claims for compensation to Manchester police, including one for £40-worth of looted stock.

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Brussels threatens to sue Britain to let in 'benefit tourists'

 

Ministers fear the move could leave taxpayers handing out as much as £2.5  billion to EU nationals, including out-of-work “benefit tourists”, a new cost that could wreck Coalition plans for welfare reform. The commission’s threat, on the eve of the Conservative Party conference, has raised the political temperature on Europe still further. In an outspoken attack today, Iain Duncan Smith, the Work and Pensions Secretary, says the commission’s move is part of a “wider movement” by the “unelected and unaccountable” European authorities to extend their power over the UK. “This kind of land grab from the EU has the potential to cause mayhem to nation states, and we will fight it,” he writes in The Daily Telegraph. The commission is objecting to Britain’s rules on welfare, claiming they discriminate unfairly against foreigners. To claim benefits in Britain, EU nationals must pass a “right to reside” test. The commission says the test is too tough, and wants Britain to apply more generous EU-wide rules.

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Legal warning to UK over benefits for EU nationals

 

The European Commission has threatened legal action against the UK, saying a test of eligibility for benefits discriminates against foreigners. It says it is easier for UK citizens to prove their "right to reside" - a test imposed by the UK for certain benefits - than EU nationals. The commission says it may refer the case to the European Court of Justice. Ministers say it is a "fundamental challenge" to the UK's right to decide its own social security arrangements. The Commission says it has been in talks with the UK for several years over the issue and is responding to a "huge number" of complaints from EU citizens living in the UK. Residence tests On Thursday it announced that it was giving the UK two months to explain how it was going to bring its legislation into line with EU law - prompting UK Work and Pensions Secretary Iain Duncan Smith to accuse it of a "land grab" and to pledge to fight it. A range of entitlements - including child benefit, child tax credit, state pension credit, jobseekers' allowance and employment and support allowance - are given only to those with a "right to reside" in the UK. Continue reading the main story WHAT BENEFITS ARE INVOLVED Child benefit Child tax credit State pension credit Jobseekers' allowance The Commission says there are already an EU-wide "habitual residence" rules which are strict enough and the UK is imposing an additional test, which indirectly discriminates against non-UK EU nationals. While UK nationals can easily prove their "right to reside" based on their UK citizenship, other EU nationals have their applications heard on a case-by-case basis, which it says breaches EU social security co-ordination rules giving all citizens equal rights. The Commission gives the example of a woman who moved to the UK and worked from April 2007 to April 2009 when she was made redundant. It says she had paid taxes and National Insurance but was refused claims for jobseekers' allowance. 'Very sound' It says UK citizens in other EU states do not have to meet similar tests and get non-contributory benefits. Laszlo Andor, Commissioner for Employment and Social Affairs, said the EU's legal position was "very sound". Continue reading the main story “ Start Quote We are talking here.. about people who are inactive, people who are looking to come to the UK who are not going to work here” Chris Grayling Employment minister "The EU insists on the right of mobile workers to move from one country to another and, in certain places, they are entitled to benefits," he told the BBC. "We want to protect the rights of all EU citizens." Most people moving abroad already had offers of work or were looking for it, he said, rather than primarily wanting to take advantage of more generous benefits. "It may happen that some of them do not a find a job immediately. It is very important that, in these cases, the rights should be respected." He added that some people might choose to move to a country where benefits were higher but "since we have a European Labour market we have to accept this as a fact". But UK ministers fear taxpayers could be forced into handing out more than £2bn to EU nationals - including so-called "benefits tourists" - if the UK has to comply. 'Difference of opinion' Employment minister Chris Grayling, who met EU officials this week to discuss the issue, said there was a "very definite difference of opinion" between the UK and the Commission. "We are talking here, not about active citizens, not about people who are working but people who are inactive, people who are looking to come to the UK who are not going to work here." He said European law was "all over the place at the moment" and the UK had separately been told by the European courts to make disability benefit payments to a British citizen living in Spain. He said 13 EU states had proposed a "comprehensive review" of policy in the area in June and talks were continuing. Nigel Farage, leader of the UK Independence Party, which campaigns for Britain's exit from the EU, said: "It is not discrimination but simply a system to ensure that benefits are only paid to those who are entitled to them."

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Fake death pensioner 'was greedy'

 

Anthony McErlean, 66, was jailed for six years for faking his own death in Honduras in 2009 to get a life insurance claim worth £520,000. He also admitted two counts of theft from a pension fund from the Port of London Authority of £27,000 pounds and £40,658 pounds from the Department of Work and Pensions. The pensioner had impersonated his wife to claim he himself had died after being hit by a truck as he was changing a tyre on a road in the Central American country. A fake witness statement was produced to back up story which said farm workers took his body away to the village of Santa Rosa De Aguan. Suspicious officials at the insurance company contacted the Insurance Fraud Bureau, who alerted the Police.

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Fake death pensioner 'was greedy'

 

Anthony McErlean, 66, was jailed for six years for faking his own death in Honduras in 2009 to get a life insurance claim worth £520,000. He also admitted two counts of theft from a pension fund from the Port of London Authority of £27,000 pounds and £40,658 pounds from the Department of Work and Pensions. The pensioner had impersonated his wife to claim he himself had died after being hit by a truck as he was changing a tyre on a road in the Central American country. A fake witness statement was produced to back up story which said farm workers took his body away to the village of Santa Rosa De Aguan. Suspicious officials at the insurance company contacted the Insurance Fraud Bureau, who alerted the Police.

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Thurlbeck to fight sacking claim

 

The News of the World's former chief reporter has broken his silence over the phone-hacking scandal to insist he played "no part" in the matter that led to his sacking. Neville Thurlbeck, 49, was fired by News International earlier this month after being arrested in April on suspicion of conspiring to intercept voicemails while working at the now-defunct Sunday tabloid. He issued a strongly-worded statement in which he vowed to fight his unfair dismissal claim against his former employers "to the end". Mr Thurlbeck's alleged role in the scandal has been closely scrutinised since details emerged of a June 2005 email headed "for Neville" which contained transcripts of illegally intercepted voicemail messages. The email, which surfaced in April 2008, appeared to contradict News International's previous stance that phone hacking was confined to a single "rogue reporter". Speaking out for the first time since his name was linked to the scandal through the "for Neville" email, Mr Thurlbeck said: "At the length, truth will out. I await that time with patience, but with a determination to fight my case to the end." The Sunderland-born journalist alleged that his former employers withheld the reason for his dismissal for nearly a month. He said he found out why he was sacked from Scotland Yard but did not reveal any details for legal reasons. In a statement issued by his law firm DWF, he went on: "I took no part in the matter which has led to my dismissal after 21 years of service. I say this most emphatically and with certainty and confidence that the allegation which led to my dismissal will eventually be shown to be false. "And those responsible for the action, for which I have been unfairly dismissed, will eventually be revealed." Mr Thurlbeck has lodged employment tribunal papers against his former employers. A hearing in his case planned to take place at the East London Tribunal Service was cancelled on Friday.

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Thurlbeck to fight sacking claim

 

The News of the World's former chief reporter has broken his silence over the phone-hacking scandal to insist he played "no part" in the matter that led to his sacking. Neville Thurlbeck, 49, was fired by News International earlier this month after being arrested in April on suspicion of conspiring to intercept voicemails while working at the now-defunct Sunday tabloid. He issued a strongly-worded statement in which he vowed to fight his unfair dismissal claim against his former employers "to the end". Mr Thurlbeck's alleged role in the scandal has been closely scrutinised since details emerged of a June 2005 email headed "for Neville" which contained transcripts of illegally intercepted voicemail messages. The email, which surfaced in April 2008, appeared to contradict News International's previous stance that phone hacking was confined to a single "rogue reporter". Speaking out for the first time since his name was linked to the scandal through the "for Neville" email, Mr Thurlbeck said: "At the length, truth will out. I await that time with patience, but with a determination to fight my case to the end." The Sunderland-born journalist alleged that his former employers withheld the reason for his dismissal for nearly a month. He said he found out why he was sacked from Scotland Yard but did not reveal any details for legal reasons. In a statement issued by his law firm DWF, he went on: "I took no part in the matter which has led to my dismissal after 21 years of service. I say this most emphatically and with certainty and confidence that the allegation which led to my dismissal will eventually be shown to be false. "And those responsible for the action, for which I have been unfairly dismissed, will eventually be revealed." Mr Thurlbeck has lodged employment tribunal papers against his former employers. A hearing in his case planned to take place at the East London Tribunal Service was cancelled on Friday.

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Teenage girl shot as she holds baby boy in her arms

 

teenage girl was shot in the street with two friends while clutching her baby son in her arms. Jessica Chrichlow, 18, collapsed to the ground alongside two sisters – named locally as Sammy, 17, and Alex, 19 – after being caught in the crossfire of a botched gangland attack, witnesses said. Police said it was “hugely fortunate” that the 11-month-old baby escaped injury. Detective Chief Inspector Mick Foote said: “It was a random, reckless act and we are fortunate we are not dealing with a fatal shooting here.” The three victims had been outside in John Fearon Walk, North Kensington, west London, enjoying balmy temperatures on Thursday evening when the attacker got off a bike and screamed “mother f****r” at the group, a neighbour, who did not want to be named, said. Police said the child may have been missed by inches as the bullet hit his mother. Mr Foote added: “I do not believe the girls were the intended targets. What’s particularly devastating is that the young girl was carrying a young child. This was totally unprovoked.” As a hunt was launched for several young men seen on bicycles on the west London housing estate on Thursday night, the officer said he was “working on the basis” that the shooting was gang-related. One neighbour said her 12-year-old daughter saw the shooting from her bedroom window. Jacky Cinesey said: “I have sent her to school in tears today. These girls were just outside enjoying the sunshine. It’s horrifying.” The girls had been enjoying the weather in a back garden when they began talking to a “large group” of boys outside, Mr Foote said. “It appears that a man on his own has gone towards the crowds and discharged a single shot from a shotgun,” he said. The gunman fled the scene and joined three other hooded males on bicycles, he added. Miss Chrichlow’s mother Isabel, who lives nearby, spoke only to confirm her daughter had been shot. Another local, Jenny Kantinda, 30, said she knew the three victims. “They were just sweet girls, we have had enough,” she said. Neighbour Leslie Arandi, 55, added: “The gangs are always cycling around here smoking drugs. I’m fed-up with it. Hopefully now the authorities will take notice.” Sammy has been discharged from hospital while the other two victims remain in a stable condition. The investigation is being led by Trident detectives, who deal with gang crime in the black community. Karen Buck, MP for Westminster North, expressed her concern as she visited the troubled Mozart Estate where the attack took place.

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Rio hit with £500k bill after losing court battle

The England and Manchester United star will now be saddled with paying the estimated £500,000 legal bills incurred by the Sunday Mirror in defence of the lawsuit.

Ferdinand sued the newspaper for misuse of private information after they published details of his 13-year relationship with interior designer Carly Storey, who accepted £16,000 for telling the tale of her liaisons with the defender.

But Mr Justice Nicol dismissed the case at London's high court on Thursday, and refused Ferdinand's legal team permission to appeal.

"Overall, in my judgment, the balancing exercise favours the defendant's right of freedom of expression over the claimant's right of privacy," he said.

The judge was not swayed by Ferdinand's claims that he had not tried to meet Storey after being made England captain, despite claims in the newspaper that he had snuck Storey into the team hotel.

"I did not find this answer persuasive. In his evidence the claimant said that (Fabio) Capello had told him to be professional, not only on the pitch but 'around the hotel'," the judge said.

"In the past, the Claimant (Ferdinand) had not behaved in a professional manner around the hotels into which he had tried to sneak Ms Storey.

"Whether or not he had done that in the few weeks since he had been made the permanent captain of England, his relative recent past failings could legitimately be used to call into question his suitability for the role."

Former England captain Ferdinand, who has three children with wife Rebecca, had told the judge at an earlier hearing that, "I do not see why I should not be entitled to a private life just because I am a famous footballer."

Sunday Mirror editor Tina Weaver hailed the judge's decision.

"The Sunday Mirror is very pleased that the court has rejected Rio Ferdinand's privacy claim," she said.

"The judge found that there was a justified public interest in reporting the off-pitch behaviour of the then England captain and discussion of his suitability for such an important and ambassadorial role representing the country.

"We are pleased the judge ruled that Mr Ferdinand had perpetuated a misleading public image and the Sunday Mirror was entitled to correct this impression.

"There has never been greater scrutiny of the media than now, and we applaud this ruling in recognising the important role a free press has to play in a democratic society."

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Paramedics Who Tried To Save Singer's Life Give Evidence

 

Alberto Alvarez was in charge of back stage during Jackson's final rehearsal on June 24, 2009. He described Jackson as "happy and in good spirits" during the performance. "He was doing very well for the most part," he told the Los Angeles court. He explained that he later drove Jackson back to his rented Holmby Hills home and saw Dr Murray's car parked there. He said the last time he saw Jackson alive was when he said "good night" to the singer. Mr Alvarez was the first person who went into Jackson's bedroom after Dr Murray telephoned for help as he was trying to resuscitate the singer. He said Jackson was lying on his back, with his hands extended out to his side, and his eyes and mouth open. "When I came into the room, Dr Murray said 'Alberto, hurry, we have to get to hospital, we have to get an ambulance'." Jackson's logistics director Alberto Alvarez He then described how Jackson's children Paris and Prince entered the room behind him. "Paris screamed out 'Daddy' and she was crying. "Dr Murray said to me 'Don't let them see their dad like this see'. "I ushered the children out and told them 'Don't worry, we will take care of it, everything is going to be OK'." Mr Alvarez asked what had happened, to which Dr Murray replied: "He had a bad reaction". Two paramedics who tried to save Jackson's life are also due to give evidence on day three of the trial. Martin Blount and Richard Senneff are expected to say that Jackson already appeared to be dead when they arrived at his home on June 25, 2009. The court will also hear from another key witness - Jackson's personal chef Kai Chase. Sky's US correspondent Greg Milam, who is at the court, said: "There are fewer demonstrators, fans of Michael Jackson, and supporters of Dr Murray here today - but they are still being very vocal in their support of both sides in the case." On Wednesday, Jackson's security chief revealed how the star's children crumpled in shock, as they saw their apparently dead father being given heart massage in his bedroom. The court also heard that Dr Conrad Murray, accused of involuntary manslaughter over Jackson's death two years ago, asked aides if any of them knew how to do cardiopulmonary resuscitation (CPR). "Paris was on the ground balled up crying, and Prince was standing there, and he just had a real shocked, you know just slowly crying type of look on his face," bodyguard Faheem Muhammad, referring to two of Jackson's three children, said. "I went and gathered them together, and I kind of talked to them for a second, got the nanny... and we walked downstairs and put them in a different location," he said. He was describing the scene after he was called up to the master bedroom of Jackson's rented Los Angeles mansion where the star died after an overdose of a powerful sedative. The defence team for the doctor insists Jackson self-administered other sedatives, prompting the overdose while his physician was outside the bedroom. Dr Murray, 58, faces up to four years in jail if convicted of involuntary manslaughter for administering the overdose of Propofol.

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Raids in 7 countries in $200M investment fraud

 

Dutch authorities say raids have been conducted in seven countries in connection with an alleged $200 million investment fraud scheme, and four men have been arrested. The country's financial crime prosecutors say they suspect hundreds of investors were conned into fraudulent investments in U.S. life insurance policies by a firm called Quality Investments BV. Prosecutors said Wednesday four Dutch men have been arrested, two in the Netherlands and one each in Switzerland and Turkey. Raids were also conducted in Spain, Dubai, England and the United States, in which millions of euros in assets were seized in hopes of recovering some money for duped investors.

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Global swoop nets huge haul of fake drugs: Interpol

 

Police and customs officers from 81 countries have seized 2.4 million doses of counterfeit medicine sold over the Internet during a one-week operation, international police body Interpol said Thursday. Fifty-five people were arrested during the September 20-27 operation, codenamed Pangea 4, and more than 13,000 websites closed down, Interpol said. More than 100,000 illegal doses were seized in France, over half of which were for supposed to be for treating male erection problems, France's medical security agency that took part in the operation, AFSSAPS, said. The operation was carried out for the fourth successive year in an effort to inform the public about the risks of buying medicines online. "Interpol's member countries and partners have shown through the success of Operation Pangea IV the Internet is not an anonymous safe haven for criminals trafficking illicit medicines," said Interpol secretary general Ronald Noble. The agency said it had targeted Internet service providers, online payment companies and delivery companies during the operation, in order that the whole supply chain of fake drugs be broken down. "We cannot halt the illicit online supply of medicines without a consistent, constant and collective international effort involving all sectors," said Aline Plancon, head of Interpol's fake drugs department. "The operation itself was only made possible thanks to a combined effort involving the 165 different participating agencies sharing and exchanging live information via Interpol's headquarters in Lyon," she said. Interpol has also posted messages on Internet video sharing sites warning punters "Don't Be Your Own Killer" by buying unlicensed pharmaceuticals.

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Global swoop nets huge haul of fake drugs: Interpol

 

Police and customs officers from 81 countries have seized 2.4 million doses of counterfeit medicine sold over the Internet during a one-week operation, international police body Interpol said Thursday. Fifty-five people were arrested during the September 20-27 operation, codenamed Pangea 4, and more than 13,000 websites closed down, Interpol said. More than 100,000 illegal doses were seized in France, over half of which were for supposed to be for treating male erection problems, France's medical security agency that took part in the operation, AFSSAPS, said. The operation was carried out for the fourth successive year in an effort to inform the public about the risks of buying medicines online. "Interpol's member countries and partners have shown through the success of Operation Pangea IV the Internet is not an anonymous safe haven for criminals trafficking illicit medicines," said Interpol secretary general Ronald Noble. The agency said it had targeted Internet service providers, online payment companies and delivery companies during the operation, in order that the whole supply chain of fake drugs be broken down. "We cannot halt the illicit online supply of medicines without a consistent, constant and collective international effort involving all sectors," said Aline Plancon, head of Interpol's fake drugs department. "The operation itself was only made possible thanks to a combined effort involving the 165 different participating agencies sharing and exchanging live information via Interpol's headquarters in Lyon," she said. Interpol has also posted messages on Internet video sharing sites warning punters "Don't Be Your Own Killer" by buying unlicensed pharmaceuticals.

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Motorway speed limit to be raised

 

The speed limit on Britain’s motorways is set to rise to 80mph but with a big expansion in the number 20mph zones in cities and towns, The Independent has learnt. As part of a deal negotiated with the Liberal Democrats the Transport Secretary Phillip Hammond is expected to announce the Government’s intention to bring in the new speed limit at the Conservative conference. Ministers will then consult on the proposal later in the year along with plans to significantly expand the number of areas in Britain covered by 20mph zones.

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Motorway speed limit to be raised

 

The speed limit on Britain’s motorways is set to rise to 80mph but with a big expansion in the number 20mph zones in cities and towns, The Independent has learnt. As part of a deal negotiated with the Liberal Democrats the Transport Secretary Phillip Hammond is expected to announce the Government’s intention to bring in the new speed limit at the Conservative conference. Ministers will then consult on the proposal later in the year along with plans to significantly expand the number of areas in Britain covered by 20mph zones.

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Settling in Britain is a privilege not a right

 

THE following is the summary of a speech delivered on September 15, 2011, by Britain’s Immigration Minister Damian Green at the Centre for Policy Studies [see full speech]. The speech is an indicator of the possible policy changes that will come out of the consultation currently underway into the reform of family migration. The consultation opened on July 13, 2011, and will close on October 6, 2011. It is important that as migrants to this country, we take time out to respond to this consultation as judging from Green’s speech it will have far reaching consequences for immigrants . Some of the proposals on the table include the following: # Whilst recognising that marriage is a personal decision, it is argued that it has implications on the wider society and therefore the spouse seeking settlement will be expected to demonstrate that they have integrated into British society. It is proposed to increase the probationary period for a non-EEA spouse or partner to apply for settlement from two to five years. It is argued that, this will allow additional time to integrate into British life and give authorities a longer period in which to test the genuineness of the relationship before permanent residence in the UK is granted on the basis of it. Ministers also believe this will also make the route less attractive to those whose sole purpose is to gain settlement in Britain. It is also argued that extending the probationary period will reduce the burden to the taxpayer by postponing access to non-contributory benefits like income support. # Immediate settlement for adult dependents will be stopped. Currently under paragraph 317 of the immigration rules, a sponsor who is settled in the UK can sponsor adult dependents in certain circumstances. Instead, a probationary period of five years will be introduced before they can apply for settlement. As a result, their in-country application for settlement will be subject to meeting the English language skills requirement. # In fact the English language test is to be extended to all adult family migrants under 65 as well as dependents aged 16 and 17. The justification Green uses for this is the rather shock data that in one year, 2009-10, the Department of Work and Pensions spent £2.6 million on telephone interpreting services and nearly £400,000 on document translation. # The outcome of the consultation is likely to come up with a minimum maintenance threshold. Presently, it has been safe to argue that if the income meets the income support threshold then it demonstrates sufficiently that they can be accommodated and maintained without recourse to public funds. The Migration Advisory Committee has been tasked to come up with a new minimum income threshold for sponsors of dependents for maintenance and accommodation. The new threshold will take into account the number and age of the dependents sponsored. # It looks like third party support is on its way out except in compelling and compassionate circumstances. Presently, it has been possible to show that a third party will assist with the maintenance requirements. But Green argues that it is not easy for the UK Border Agency to verify this. # The dependents of points-based migrants are to face a probationary period increase of two to five years before settlement. # For some time now, there has been an expression of dissatisfaction by the UK Border Agency about the right of appeal in family visit visa matters. It will come as a surprise given what appears to be routine refusals from the Pretoria entry clearance team that a staggering 73% of the family visits applications are granted. Green argues that the tax payer has to foot the bill for the right of appeal where people produce better evidence than they could have produced at the initial application stage. His argument is reinforced by the statics that family visit appeals made up 40% of all immigration appeals and that it cost the taxpayer around £40 million a year. About 63% of the family visits matters are allowed on appeal. The consultation proposes to end the right of appeal and argues that one can submit a new application instead. As I stated above, it is a good idea to read the consultation and respond to it. At first blush, the 77-page consultation document can appear daunting but it does provide a useful insight into where this government intends to take its immigration policy

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Settling in Britain is a privilege not a right

 

THE following is the summary of a speech delivered on September 15, 2011, by Britain’s Immigration Minister Damian Green at the Centre for Policy Studies [see full speech]. The speech is an indicator of the possible policy changes that will come out of the consultation currently underway into the reform of family migration. The consultation opened on July 13, 2011, and will close on October 6, 2011. It is important that as migrants to this country, we take time out to respond to this consultation as judging from Green’s speech it will have far reaching consequences for immigrants . Some of the proposals on the table include the following: # Whilst recognising that marriage is a personal decision, it is argued that it has implications on the wider society and therefore the spouse seeking settlement will be expected to demonstrate that they have integrated into British society. It is proposed to increase the probationary period for a non-EEA spouse or partner to apply for settlement from two to five years. It is argued that, this will allow additional time to integrate into British life and give authorities a longer period in which to test the genuineness of the relationship before permanent residence in the UK is granted on the basis of it. Ministers also believe this will also make the route less attractive to those whose sole purpose is to gain settlement in Britain. It is also argued that extending the probationary period will reduce the burden to the taxpayer by postponing access to non-contributory benefits like income support. # Immediate settlement for adult dependents will be stopped. Currently under paragraph 317 of the immigration rules, a sponsor who is settled in the UK can sponsor adult dependents in certain circumstances. Instead, a probationary period of five years will be introduced before they can apply for settlement. As a result, their in-country application for settlement will be subject to meeting the English language skills requirement. # In fact the English language test is to be extended to all adult family migrants under 65 as well as dependents aged 16 and 17. The justification Green uses for this is the rather shock data that in one year, 2009-10, the Department of Work and Pensions spent £2.6 million on telephone interpreting services and nearly £400,000 on document translation. # The outcome of the consultation is likely to come up with a minimum maintenance threshold. Presently, it has been safe to argue that if the income meets the income support threshold then it demonstrates sufficiently that they can be accommodated and maintained without recourse to public funds. The Migration Advisory Committee has been tasked to come up with a new minimum income threshold for sponsors of dependents for maintenance and accommodation. The new threshold will take into account the number and age of the dependents sponsored. # It looks like third party support is on its way out except in compelling and compassionate circumstances. Presently, it has been possible to show that a third party will assist with the maintenance requirements. But Green argues that it is not easy for the UK Border Agency to verify this. # The dependents of points-based migrants are to face a probationary period increase of two to five years before settlement. # For some time now, there has been an expression of dissatisfaction by the UK Border Agency about the right of appeal in family visit visa matters. It will come as a surprise given what appears to be routine refusals from the Pretoria entry clearance team that a staggering 73% of the family visits applications are granted. Green argues that the tax payer has to foot the bill for the right of appeal where people produce better evidence than they could have produced at the initial application stage. His argument is reinforced by the statics that family visit appeals made up 40% of all immigration appeals and that it cost the taxpayer around £40 million a year. About 63% of the family visits matters are allowed on appeal. The consultation proposes to end the right of appeal and argues that one can submit a new application instead. As I stated above, it is a good idea to read the consultation and respond to it. At first blush, the 77-page consultation document can appear daunting but it does provide a useful insight into where this government intends to take its immigration policy

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UBS CEO Gruebel resigns over rogue trading loss

 

UBS chief executive Oswald Gruebel has resigned over a $2.3 billion loss caused by rogue trading at its investment division, which is to be restructured now to prevent similar incidents in future, the Swiss bank said Saturday. Gruebel, who had come under heavy pressure from shareholders over the scandal, said he hoped his resignation would allow the bank to restore its reputation in the eyes of clients and investors. Article Controls EMAIL REPRINT NEWSLETTER SHARE "As CEO, I bear full responsibility for what occurs at UBS ( UBS - news - people )," he said in a memo to staff. "From my first day on the job I placed the reputation of the bank above all else. That is why I want to and must act according to my convictions." UBS Europe chief Sergio P. Ermotti will take over immediately as interim chief executive until Gruebel's replacement is appointed. Gruebel's departure caps 10 days of speculation over his future following the bank's announcement that a single London-based trader had evaded internal control systems and gambled away $2.3 billion. The trader, 31-year-old Kweku Adoboli, was arrested Sept. 15 and charged with fraud and false accounting. A judge ordered him Thursday to be held in jail until a hearing next month.

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Former deputy editor received £25,000 from News of the World publisher after starting work as consultant with police force

Former News of the World deputy editor Neil Wallis leaving Hammersmith police station in July. Photograph: Murray Sanders/Mail On Sunday

The relationship between the police and the News of the World has come under fire again amid revelations that Neil Wallis, the former deputy editor of the News of the World, was paid by the paper's publisher for "crime exclusives" while working for the Metropolitan police.

Wallis was secretly paid more than £25,000 by News International after he left the paper and got a contract to work two days a month as a PR consultant with the Met. One story earned him a single payment of £10,000.

The Daily Telegraph claims that internal records obtained by Scotland Yard show that he was paid for providing News International with details of a suspected assassination attempt on the Pope during his visit to the UK last year.

A spokesman for Scotland Yard said the contract it had with Wallis's PR firm, Chamy Media, "had a confidentiality clause, a data protection act clause and a conflict of interest clause within it".

He added that Wallis did not have access to the Met's IT systems.

The revelations that Wallis received money from News International while working for Scotland Yard will raise questions about conflicts of interest.

Last month, it emerged that Andy Coulson, the former editor of the News of the World, continued to receive payments from News International as part of a severance deal after he was employed by the Tory party as its director of communications.

Wallis's solicitor has made a complaint alleging that the police had leaked the information regarding the payments.

 

 

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Posted in: 000 from News of the World publisher after starting work as consultant with police force,Former deputy editor received £25

Media group faces new hacking blows

 

New allegations about the phone-hacking scandal have hit News International, with claims of more victims and fresh legal rows. It was revealed tonight that former News of the World editor Andy Coulson is suing News Group Newspapers, the publishing arm of the media giant. Papers were served at the High Court on Thursday "regarding the termination of the payment for his legal action". A spokesman for law firm DLA Piper, which represents Mr Coulson, said: "We can confirm that proceedings have been issued." News International declined to comment. It had been reported earlier this month that News International was paying DLA Piper for their legal advice to Mr Coulson following his arrest. Mr Coulson resigned from his position as Prime Minister David Cameron's spin chief in January and was later arrested on suspicion of corruption and phone hacking. He is on police bail. It has also emerged that the family of Jade Goody fear the late celebrity could have had her phone hacked and are reportedly set to contact Scotland Yard. The police force said it would not comment on individual cases. Publicist Max Clifford told The Guardian that Ms Goody's mother Jackiey Budden also believes she was targeted. He said: "She will be going to the police. She believes her phone was hacked by the News of the World, and Jade's. Jade told me, 'I'm convinced my phone is being hacked'." News International also declined to comment on the allegations. In addition, it has been alleged tonight that Neil Wallis, the former deputy editor of News of the World was paid more than £25,000 by News International while working at Scotland Yard as a police consultant. A Scotland Yard spokesman said that Mr Wallis's contract with the police force included confidentiality, data protection and conflict of interest clauses, all of which would have prohibited him from selling on any information while employed by them.

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Media group faces new hacking blows

 

New allegations about the phone-hacking scandal have hit News International, with claims of more victims and fresh legal rows. It was revealed tonight that former News of the World editor Andy Coulson is suing News Group Newspapers, the publishing arm of the media giant. Papers were served at the High Court on Thursday "regarding the termination of the payment for his legal action". A spokesman for law firm DLA Piper, which represents Mr Coulson, said: "We can confirm that proceedings have been issued." News International declined to comment. It had been reported earlier this month that News International was paying DLA Piper for their legal advice to Mr Coulson following his arrest. Mr Coulson resigned from his position as Prime Minister David Cameron's spin chief in January and was later arrested on suspicion of corruption and phone hacking. He is on police bail. It has also emerged that the family of Jade Goody fear the late celebrity could have had her phone hacked and are reportedly set to contact Scotland Yard. The police force said it would not comment on individual cases. Publicist Max Clifford told The Guardian that Ms Goody's mother Jackiey Budden also believes she was targeted. He said: "She will be going to the police. She believes her phone was hacked by the News of the World, and Jade's. Jade told me, 'I'm convinced my phone is being hacked'." News International also declined to comment on the allegations. In addition, it has been alleged tonight that Neil Wallis, the former deputy editor of News of the World was paid more than £25,000 by News International while working at Scotland Yard as a police consultant. A Scotland Yard spokesman said that Mr Wallis's contract with the police force included confidentiality, data protection and conflict of interest clauses, all of which would have prohibited him from selling on any information while employed by them.

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Scotland Yard drops Official Secrets Act bid against Guardian

 

Scotland Yard had intended to take the Guardian newspaper to court on Friday in an attempt to force the newspaper into revealing how it obtained information that missing schoolgirl Milly Dowler’s mobile phone had been hacked. However, following discussions with the Crown Prosecution Service (CPS), the force has abandoned its application for production orders against the newspaper. The decision comes following heavy criticism of the force’s attempt to make the Guardian, and one of its journalists, hand over information which would have revealed the source of many of the newspaper’s phone hacking stories. Various MPs, including the shadow culture secretary Ivan Lewis, questioned the Yard’s attempt. While many national newspapers carried leading articles condemning the Metropolitan Police’s apparent attack on press freedom. And today the former Attorney General Lord Goldsmith told the Daily Telegraph that the force’s decision to invoke the Official Secrets Act was “unusual” and could threaten press freedom.

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Posted in: Scotland Yard drops Official Secrets Act bid against Guardian

Scotland Yard drops Official Secrets Act bid against Guardian

 

Scotland Yard had intended to take the Guardian newspaper to court on Friday in an attempt to force the newspaper into revealing how it obtained information that missing schoolgirl Milly Dowler’s mobile phone had been hacked. However, following discussions with the Crown Prosecution Service (CPS), the force has abandoned its application for production orders against the newspaper. The decision comes following heavy criticism of the force’s attempt to make the Guardian, and one of its journalists, hand over information which would have revealed the source of many of the newspaper’s phone hacking stories. Various MPs, including the shadow culture secretary Ivan Lewis, questioned the Yard’s attempt. While many national newspapers carried leading articles condemning the Metropolitan Police’s apparent attack on press freedom. And today the former Attorney General Lord Goldsmith told the Daily Telegraph that the force’s decision to invoke the Official Secrets Act was “unusual” and could threaten press freedom.

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Posted in: Scotland Yard drops Official Secrets Act bid against Guardian

NAVY recruit flipped and killed an officer in a gun rampage on a nuclear sub after he was told off for his cleaning work.

Ryan Donovan, 23, fired his SA80 semi-automatic rifle after his hopes of a voyage on a surface ship were dashed as punishment for his shoddy work.

He was also obsessed with violent video games and told a friend he wanted to carry out a Grand Theft Auto-style "kill frenzy".

Yesterday the HMS Astute able seaman was jailed for life by a judge who heard he opened fire on two superiors he blamed — only to miss.

 

Victim ... Ian Molyneux 
with wife Gill

 

The shots were heard by Lieutenant Commander Ian Molyneux, 36, who rushed to tackle him during a goodwill visit by the sub to Southampton in April.

Donovan murdered him with a bullet to the head, then stepped over his body to the control room.

There he wounded Lt Cdr Christopher Hodge, 45, in the stomach before being wrestled to the ground by Southampton council leader Royston Smith and chief executive Alistair Neill — who were touring the sub.

Three days earlier Donovan of Dartford, Kent, disobeyed a direct order to clean a section of the sub after it failed inspections, Winchester Crown Court heard.

 

Hero ... Royston Smith, right, on sub visit

 

Gangsta rap fan Donovan — who called himself Reggie Moondog — told a fellow sailor hours before his rampage: "I'm going to kill somebody. I'm not f****** kidding, and then watch the news."

He admitted murder and attempted murder and was caged for a minimum of 25 years. The widow of the dead officer — a dad of four — wept just feet away.

Outside court Gill Molyneux paid tribute to her Weapons Engineer Officer husband, describing him as "my hero and true love".

 

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Posted in: NAVY recruit flipped and killed an officer in a gun rampage on a nuclear sub after he was told off for his cleaning work.

NAVY recruit flipped and killed an officer in a gun rampage on a nuclear sub after he was told off for his cleaning work.

Ryan Donovan, 23, fired his SA80 semi-automatic rifle after his hopes of a voyage on a surface ship were dashed as punishment for his shoddy work.

He was also obsessed with violent video games and told a friend he wanted to carry out a Grand Theft Auto-style "kill frenzy".

Yesterday the HMS Astute able seaman was jailed for life by a judge who heard he opened fire on two superiors he blamed — only to miss.

 

Victim ... Ian Molyneux 
with wife Gill

 

The shots were heard by Lieutenant Commander Ian Molyneux, 36, who rushed to tackle him during a goodwill visit by the sub to Southampton in April.

Donovan murdered him with a bullet to the head, then stepped over his body to the control room.

There he wounded Lt Cdr Christopher Hodge, 45, in the stomach before being wrestled to the ground by Southampton council leader Royston Smith and chief executive Alistair Neill — who were touring the sub.

Three days earlier Donovan of Dartford, Kent, disobeyed a direct order to clean a section of the sub after it failed inspections, Winchester Crown Court heard.

 

Hero ... Royston Smith, right, on sub visit

 

Gangsta rap fan Donovan — who called himself Reggie Moondog — told a fellow sailor hours before his rampage: "I'm going to kill somebody. I'm not f****** kidding, and then watch the news."

He admitted murder and attempted murder and was caged for a minimum of 25 years. The widow of the dead officer — a dad of four — wept just feet away.

Outside court Gill Molyneux paid tribute to her Weapons Engineer Officer husband, describing him as "my hero and true love".

 

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Posted in: NAVY recruit flipped and killed an officer in a gun rampage on a nuclear sub after he was told off for his cleaning work.

Clegg condemns 'grotesque' hacking

 

No amount of money can absolve News International from hacking in to the phone of Surrey murder victim Milly Dowler, Liberal Democrat leader Nick Clegg has said , following the disclosure that the company was about to settle its case with the teenager's family. Rupert Murdoch is set to donate £1 million to charity from his own pocket, while the Dowlers themselves will receive in the region of £2 million in a separate payout from News International, the publishers of the now-closed News of the World. The company has confirmed it is in "advanced negotiations" with relatives of the 13-year-old, who was abducted and killed by Levi Bellfield in 2002. On Tuesday Mr Clegg said no amount of money could absolve the company for what happened. He said: "It is not for me to decide what money News International offer the Dowlers. I think it is very, very important we now give the Dowler family the time and space they need to rebuild their lives and move on. "I think the reason why people were so outraged by the invasion of the privacy of the Dowler family is that they weren't celebrities, they weren't politicians, they hadn't asked to be put on the front page of the nation's newspapers. I have met them and they are a lovely, strong, every-day family who lost their daughter and were dealing with that terrible tragedy and even then these journalists - it's just grotesque - were invading their privacy. "In a sense I think, and I am sure the Dowlers feel the same, that no amount of money can absolve people for what they did." News International is reported to have set aside £20 million for payments to phone hacking victims, but a source said the size of the expected compensation for the Dowlers reflected the "wholly exceptional circumstances" of their case. Sources close to the Dowlers have said any agreement will feature a donation to charity. It is not yet known which cause, or causes, would benefit. A News International spokesman said: "News International confirms it is in advanced negotiations with the Dowler family regarding their compensation settlement. No final agreement has yet been reached, but we hope to conclude the discussions as quickly as possible."

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Clegg condemns 'grotesque' hacking

 

No amount of money can absolve News International from hacking in to the phone of Surrey murder victim Milly Dowler, Liberal Democrat leader Nick Clegg has said , following the disclosure that the company was about to settle its case with the teenager's family. Rupert Murdoch is set to donate £1 million to charity from his own pocket, while the Dowlers themselves will receive in the region of £2 million in a separate payout from News International, the publishers of the now-closed News of the World. The company has confirmed it is in "advanced negotiations" with relatives of the 13-year-old, who was abducted and killed by Levi Bellfield in 2002. On Tuesday Mr Clegg said no amount of money could absolve the company for what happened. He said: "It is not for me to decide what money News International offer the Dowlers. I think it is very, very important we now give the Dowler family the time and space they need to rebuild their lives and move on. "I think the reason why people were so outraged by the invasion of the privacy of the Dowler family is that they weren't celebrities, they weren't politicians, they hadn't asked to be put on the front page of the nation's newspapers. I have met them and they are a lovely, strong, every-day family who lost their daughter and were dealing with that terrible tragedy and even then these journalists - it's just grotesque - were invading their privacy. "In a sense I think, and I am sure the Dowlers feel the same, that no amount of money can absolve people for what they did." News International is reported to have set aside £20 million for payments to phone hacking victims, but a source said the size of the expected compensation for the Dowlers reflected the "wholly exceptional circumstances" of their case. Sources close to the Dowlers have said any agreement will feature a donation to charity. It is not yet known which cause, or causes, would benefit. A News International spokesman said: "News International confirms it is in advanced negotiations with the Dowler family regarding their compensation settlement. No final agreement has yet been reached, but we hope to conclude the discussions as quickly as possible."

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Ms Moran, 56, looked a shadow of her former self as she arrived to face 21 charges at Westminster Magistrates’ Court in central London.

 

One count alleges that she falsely claimed £22,500 for dry rot on a home in Southampton more than 100 miles from her constituency.

The former Labour member for Luton South sobbed throughout the brief hearing and was passed a tissue by a court official.

No plea was entered and jurisdiction in the case was declined by District Judge Daphne Wickham on the grounds of the nature and complexity of the charges and sums involved.

They allegations consist of 15 counts of false accounting and six of forgery.

Moran, of Ivy Road, St Denys, Southampton, was remanded on unconditional bail to appear at London’s Southwark Crown Court on October 28 for a plea and case management hearing.

The former politician spoke only briefly, in a faltering voice, to confirm her name and date of birth.

Moran looked almost unrecognisable as she arrived at court this morning with a dark grey beret over her head, wearing glasses, and clutching a handkerchief to her mouth.

The auburn tresses and bright clothes seen in previous photographs were replaced by a sober dark suit and blonde hair.

In court she continued to sob into a handkerchief as she waited for the hearing to start.

The criminal probe into Moran began after an investigation by The Daily Telegraph.

Margaret Moran in May 2009 and arriving at Westminster Magistrates Court today (PA/NICHOLAS RAZZELL)

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Posted in: 56,looked a shadow of her former self as she arrived to face 21 charges at Westminster Magistrates’ Court in central London.,Ms Moran

Milly Dowler's family have been offered a multimillion-pound settlement offer by Rupert Murdoch's News International,

Phone hacking: Milly Dowler's family are understood to have been offered a seven-figure settlement. Photograph: Surrey Police/PA

Milly Dowler's family have been offered a multimillion-pound settlement offer by Rupert Murdoch's News International, in an attempt to settle the phone-hacking case that led to closure of the News of the World and the resignation of the company's chief executive, Rebekah Brooks.

It is understood that News International has made a settlement offer estimated by sources at close to £3m, a figure that include a £1m donation to charity. But the publisher has not yet reached agreement with the Dowler family, whose lawyers were thought to be seeking a settlement figure of closer to £3.5m.

The seven-figure sums under negotiation are far larger than other phone-hacking settlements reached, reflecting the fact that the phone-hacking case affected a family who were victims of crime. Thirteen-year-old Dowler went missing in March 2002 and was later found murdered.

It emerged in July that Milly Dowler's mobile phone had been hacked after her death. Voicemails were accessed on behalf of the News of the World, and messages left for her were deleted to make room for more recordings. This gave the family false hope that she was still alive, because messages were disappearing.

On Monday afternoon there was growing speculation that a deal is close, although other sources familiar with the negotiations indicated that there are still enough matters unresolved to mean that an agreement in principle had not yet been reached behind the scenes.

Sienna Miller accepted £100,000 from News International after the publisher accepted unconditional liability for her phone-hacking and other privacy and harassment claims in May. A month later Andy Gray accepted £20,000 in damages plus undisclosed costs.

Other lawyers bringing phone-hacking cases are privately indicated that they would be advising many of those bringing actions to try and reach a settlement rather than take their cases to lengthy and expensive trials. A handful of cases have been taken forward as lead actions by Mr Justice Vos, to establish a benchmark for settlements in future lawsuits.

Murdoch met with the Dowler family in July, shortly after the original story about hacking into her phone broke, making what the family's lawyer, Mark Lewis, said was a "full and humble" apology. The News Corporation chairman and chief executive "held his head in his hands" and repeatedly told the family he was "very, very sorry".

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Posted in: Milly Dowler's family have been offered a multimillion-pound settlement offer by Rupert Murdoch's News International

Dale Farm Eviction: Clashes Expected Between Bailiffs And Residents As Eviction Begins

 

Hundreds of travellers have said they will barricade themselves inside the UK's biggest illegal camp as angry clashes are expected between bailiffs, residents and activists. Residents at Dale Farm in Basildon, Essex, and their supporters are set to be evicted after losing a decade-long legal fight over unauthorised development. Teams of bailiffs are expected at the former scrapyard's front gate to begin forcibly ejecting them. Essex Police and riot-trained colleagues from across the country are also expected, to ensure the eviction of some 50 homes is conducted peacefully. Half of the six-acre site, which has planning consent, will remain. As of this morning Basildon Council had not cut the electricity supply to the site. Residents had feared bailiffs would move in at first light. Supporters closed the gate after 11pm yesterday and built a barricade behind it and parked a van to block the way. Resident Mary McCarthy said: "I don't intend to go anywhere, I'm staying here. "I've faced constant evictions throughout my life and now I'm determined to stay put." Many residents have moved their caravans on to the neighbouring legal site. Activists have chained themselves to barricades at the site, including one who is chained by the neck. They have told Sky News they would not be leaving unless they were forced out. ACTIVIST: WE WILL DO ALL WE CAN TO STOP EVICTION Marie McCarthy, a resident at the site, told Sky News it was "a big scrapyard that is of no use to anyone else". "The Government is not going to ruin our culture," she said. "This is the way we want to live. "Why should we be run off our land? We never knew we were breaking the law - we thought this was a good thing to do because we stopped going onto people's grounds." Activists Dean, 29, and Emma, 18, have handcuffed themselves to a pole concreted inside a barrel. Lying on mattresses, the pair said they were prepared to stay as "long as it takes". The children of Dale Farm hold pictures of themselves up in protest The families have constantly evaded eviction and claim they have nowhere else to go. They insist that their human rights are being breached. Their supporters include the United Nations and Amnesty International. But last month a High Court judge backed Basildon council and local residents and ruled that the eviction must go ahead.

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Posted in: Dale Farm Eviction: Clashes Expected Between Bailiffs And Residents As Eviction Begins

UBS raises rogue equity trade losses to $2.3 billion

 

Swiss bank UBS on Sunday increased the amount it said it had lost on rogue equity trades to $2.3 billion and alleged a trader concealed his risky deals by creating fictitious hedging positions in internal systems. UBS stunned markets on Thursday when it announced unauthorised trades had lost it some $2 billion. London trader Kweku Adoboli was charged on Friday with fraud and false accounting dating back to 2008. "The loss resulted from unauthorised speculative trading in various S&P 500, DAX, and EuroStoxx index futures over the last three months," UBS said in a brief statement. "The loss arising from this matter is $2.3 billion. As previously stated, no client positions were affected." Global stock markets have been extremely volatile in recent months, plunging on concerns over euro zone and U.S. debt crises and then rebounding on hopes for their resolution. The loss is a disaster for the reputation of Switzerland's biggest bank, which had just started to recover after it almost collapsed during the financial crisis and faced a damaging U.S. investigation into aiding wealthy Americans to dodge taxes. "Loss even more. Reads like they're making excuses," said Helvea analyst Peter Thorne of the UBS statement. The new scandal has prompted calls for its top managers to step down and for its investment bank to be split into a separate unit from its core wealth management business. Chief Executive Oswald Gruebel, who was brought out of retirement in 2009 to turn the bank around, was quoted in a newspaper on Sunday as saying he is not considering quitting over the crisis, but said it was up to the board to decide. In a memo to staff on Sunday, he said: "Ultimately, the buck stops with me. I and the rest of senior management are responsible for dealing with wrongdoing." Swiss newspapers quoted unnamed insiders as saying the UBS board and important shareholders such as the Singapore sovereign wealth fund were still backing Gruebel, with immediate changes at the top the last thing the bank needed. Gruebel is widely expected to present plans to drastically cut back the investment bank at an investor day in November. INDEPENDENT INVESTIGATION The bank, whose three keys logo symbolise "confidence, security, discretion," has pulled its "We will not rest" global advertising campaign for now, that was designed by advertising agency Publicis to try to rebuild its image. Meanwhile, UBS client advisers have been writing to customers to reassure them of the underlying financial strength of the bank despite the trading loss, a spokesman said. "That we now suffer this setback at this point in our efforts to improve our reputation is very disappointing. This incident also sets us back somewhat in our capital-building efforts," Gruebel said in his memo. "However, I wish to remind you that our fundamental strengths as a firm remain intact... we remain one of the best capitalized banks in the industry. UBS said its board of directors had set up a committee chaired by independent director David Sidwell, former chief financial officer at Morgan Stanley, to conduct an independent investigation into the trades and the bank's control systems. The bank said it had covered the risk resulting from the unauthorised trades, and its equities business was again operating normally within previously defined risk limits. It said the trader had allegedly concealed the fact his trades violated UBS risk limits by executing fake exchange-traded fund (ETFs) positions. "Following inquiries directed to him by UBS control functions that were reviewing his positions, the trader revealed his unauthorised activity," the bank said. "The positions taken were within the normal business flow of a large global equity trading house as part of a properly hedged portfolio," UBS said. "However, the true magnitude of the risk exposure was distorted because the positions had been offset in our systems with fictitious, forward-settling, cash ETF positions." The Sunday Times cited unnamed insiders saying the trader placed bets worth $10 billion before his losses were detected. ETFs are index funds listed on an exchange and can be traded just like regular stocks. They try to replicate index performances and offer lower costs than actively managed funds, but regulators have warned about risks from some complex ETFs. In the past three months, DAX futures have fallen 22 percent, Eurostoxx 50 futures have dropped 20 percent and S&P 500 futures have dipped 4 percent. The instruments involved in the UBS case are similar to those that Jerome Kerviel, the rogue trader at Societe Generale, traded when he racked up a $6.7 billion loss in unauthorised deals in 2008. Christoph Blocher, vice-president of the right-wing Swiss People's Party (SVP) -- the country's biggest -- renewed his calls for a splitting off of the investment bank. "One has to seriously examine a ban on investment banking for commercial banks," he told the SonntagsZeitung, adding his party might team up with the center-left Social Democrats to push for such a move.

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Exeter crack cocaine and heroin gang jailed

 

Exeter Crown Court was told the LYNC gang boasted of being able to supply drugs in Exeter "all day, every day". The gang used a park at Cowick Barton in the city as its centre of operations. Two men from Greater Manchester - Kevin Newton, 30, and Billy Downing, 22 - were jailed for nine and five-and-a-half years respectively. Three of the gang were from Dawlish in Devon. James Brooks, 32, and 27-year-old John Rowntree were both sentenced to five years, while 22-year-old John Bullock was jailed for 30 months. Cannabis jail supply Lloyd Simpson, 44, from Exeter, was sentenced to six years. James Prince, 22, from Huddersfield was sentenced to 30 months and 28-year-old Anthony McStein, from Liverpool, was jailed for four years. The gang were arrested after being monitored by police between October 2010 and March this year. The eight ringleaders were jailed for a total of nearly 40 years The force said information provided by local residents had been critical in bringing the "highly organised" gang to justice. The drug dealers brought the heroin and crack cocaine into Devon on a regular basis from Manchester. The court heard that not only did the gang boast about its ability to supply drugs, it also sent mobile phone text messages to addicts advertising when new supplies had arrived in the city. Police said the gang's "utter disregard" for local communities and the welfare of the addicts they supplied "beggared belief". Continue reading the main story “ Start Quote We don't want drugs in Exeter” Insp Jacqui Hawley Devon and Cornwall Police The force praised local residents who worked with officers to provide information on the crimes, in order to "reclaim" their local playing fields. "This is the core bedrock of local policing, working with the community, working with our partners in order to resolve an issue," Insp Jacqui Hawley said. "We don't want drugs in Exeter. We want it to be a safe place and in the main it is." A man and a woman were also sentenced at Exeter Crown Court for conspiring to supply cannabis to Brooks while he was on remand at HMP Exeter. His 30-year-old wife, Donna was jailed for six months, while Blair Murray, 29, from Tyne and Wear, was sentenced to 12 months.

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West Malling drugs gang sentenced

 

gang of four drug dealers have been jailed for conspiring to supply illegal drugs across Kent. Brothers Joseph and Samuel King, Craig Provan and Matthew Newin controlled dealing in towns across Kent from a travellers' site in West Malling. Joseph King, 48, was jailed for 18 years and Samuel King, 47, for seven-and-a-half years at Canterbury Crown Court. Provan, 41, was sentenced to six years, and Newin, 26, to eight years. Joseph King, of Lavender Road, West Malling, and Provan, of The Paddock, Highsted Valley, Rodmersham, were found guilty of conspiracy to supply drugs. King was also convicted of possessing firearms with intent and for possession of criminal property. His brother, of Elm Grove, Sittingbourne, and Newin, of Swanstree Avenue, Sittingbourne, pleaded guilty to conspiracy to supply drugs. Undercover operation During the seven-week trial, the jury had to be given basic lessons in a 16th Century Romany dialect called Rokker, which was used by two of the gang. They were caught after the travellers' site next to Hoath Woods was infiltrated by undercover police officers. Thousands of pounds worth of heroin, cocaine and ecstasy were exchanged during more than a dozen transactions between June and September last year. The court heard the gang controlled street dealing in a number of towns across Kent and had a particular hold in the Canterbury and Sittingbourne areas.

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Man quizzed over UBS rogue trading

 

31-year-old man was arrested in London today in connection with allegations of £1.3 billion of rogue trading at Swiss banking giant UBS. The man, named in reports as Kweku Adoboli, was arrested at 3.30am on suspicion of fraud by abuse of position and remains in police custody, sources said. Related articles Notoriety awaits UBS rogue trader French banks scramble to prove they're strong enough for debt crisis Search the news archive for more stories The bank, which has 6,000 staff in the UK, revealed earlier that a trader had lost two billion US dollars (£1.3 billion) on unauthorised trades and warned that the activity could have tipped the bank to a third-quarter loss. Oswald Gruebel, UBS chief executive, called the loss "distressing" and said he "will spare no effort to establish how it happened". According to his LinkedIn profile, Adoboli works as a director in European equity trading and was previously a trade support analyst at UBS. He was a student at the University of Nottingham, according to his profile on the business networking website.

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Posted in: Man quizzed over UBS rogue trading

UBS Has $2 Billion Trading Loss; Police Arrest Man in London

 

UBS AG, Switzerland’s biggest bank, may be unprofitable in the third quarter after a $2 billion loss from unauthorized trading at its investment bank. London police arrested a 31-year-old man on suspicion of fraud. UBS management aims to “get to the bottom of the matter as quickly as possible, and will spare no effort to establish exactly what has happened,” the bank’s group executive board, led by Chief Executive Officer Oswald Gruebel, said in a memo to employees today. “While the news is distressing, it will not change the fundamental strength of our firm.” The bank tumbled as much as 9.6 percent in Swiss trading following the announcement, which deals a blow to Gruebel’s attempts to revive the investment bank after the division recorded 57.1 billion Swiss francs ($65 billion) in cumulative pretax losses in three years through 2009. The trading loss may revive calls for Gruebel to shrink or shut the unit. “How many times do we have to see huge UBS losses?” said Simon Maughan, head of sales and distribution at MF Global Ltd. in London. “It looks unreformed, unwieldy and ultimately unsustainable. This could be a critical tipping point for UBS’s strategy.” UBS fell 79 centimes, or 7.2 percent, to 10.14 francs by 11:43 a.m. in Zurich, bringing the drop this year to 34 percent. UBS said in a statement the matter is still under investigation, and that the “current estimate of the loss on the trades is in the range of $2 billion.” No client positions were affected, UBS said, declining to comment further. Arrest in London An unidentified 31-year-old man was arrested in central London at 3:30 a.m. on “suspicion of fraud by abuse of position,” the police said in a statement. The man remains in custody and an investigation has been started, the statement said. Switzerland’s Neue Zuercher Zeitung newspaper, citing the bank, reported that the trading loss took place in the equities unit in London, and was discovered yesterday afternoon. UBS spokeswoman Tatiana Togni declined to confirm or deny the report. UBS had to raise more than $46 billion in capital from investors, including the Swiss state, to make up for the record losses during the credit crisis. The investment-banking unit had pretax earnings of 1.21 billion francs in the first half of 2011, while UBS as a whole had net income of 2.82 billion francs in the period. The bank’s tier 1 capital at the end of the second quarter was 37.39 billion francs, giving it a tier 1 capital ratio of 18.1 percent, compared with 14 percent at Deutsche Bank AG, Germany’s biggest bank. Risk Management While the loss is “manageable” for UBS, it’s “obviously not helpful for sentiment and confidence in the bank’s risk management following the near-death experience of 2008-2009,” said Andrew Lim, a London-based analyst at Espirito Santo Investment Bank, in a note. Lim had estimated third-quarter net income of 1.1 billion francs for UBS. UBS last month said it will eliminate about 3,500 jobs, with about 45 percent of the reductions coming from the investment bank, as stricter capital requirements and market turmoil hurt the earnings outlook. The bank in July scrapped the target of doubling pretax profit from last year’s level to 15 billion francs by 2014. Gruebel, 67, and Carsten Kengeter, 44, who runs the investment bank, have been trying to revive earnings at the division for two years. They hired more than 1,700 people across the investment bank and brought in new business heads to replace those that left or were fired. They’ve also increased risk- taking to improve earnings opportunities. Kerviel, Leeson The investment bank last had a pretax loss in the third quarter of 2010 when what Gruebel called “very low levels of client activity” and a charge related to the bank’s own debt hurt revenue at the division. Gruebel, who formerly ran Credit Suisse Group AG, was brought out of retirement by UBS in February 2009 to take over from Marcel Rohner after the company posted the biggest annual loss in Swiss corporate history. A former bond trader, Gruebel doubled profit at Credit Suisse between 2004 and 2006. UBS isn’t alone in suffering from unauthorized trading. Societe Generale SA of Paris said in January 2008 that the bank lost 4.9 billion euros ($6.7 billion) after trader Jerome Kerviel took unauthorized positions on European stock index futures. Credit Suisse, Switzerland’s second-biggest bank, had a loss in the first quarter of 2008 in part because of writedowns on debt securities that were intentionally mispriced by a group of traders. Nick Leeson piled up $1.4 billion of losses that brought down Barings Plc in 1995. --With assistance from Paul Verschuur and Carolyn Bandel in Zurich and Gavin Finch in London. Editors: Frank Connelly, Stephen Taylor

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Posted in: UBS Has $2 Billion Trading Loss; Police Arrest Man in London

Salford pub shooting sees man gunned down

 

The unnamed man was brought into the city's Hope Hospital with a gunshot wound at around 3.10am this morning. However he subsequently died of his injuries. It is believed he was shot during a fight at the Wellington pub on Salford's Regent Road, some time before 3am. Chief Superintendent Kevin Mulligan, Salford divisional commander, described the shooting as a 'terrible loss of life' but added that initial investigations had suggested there was no wider threat to the neighbourhood. Police have appealed for witnesses to the shooting to come forward (Picture: Getty Images)   He also appealed for witnesses to the shooting to come forward. 'We now have a team of officers from the Major Incident Team talking to witnesses and conducting inquiries, but we believe the key to this lies with the people in the pub at the time of the incident,' Mr Mulligan said. 'We will be trying to identify everyone who was in the pub in the lead-up to the incident so I want to ask anyone who was there to come forward,' he added. 'I understand your concerns about speaking to the police, but we have a number of ways of ensuring you will be protected. 'Please bear in mind that a family is mourning the loss of a life today and your information could help them get the answers they need.' A post-mortem was due to be carried out on the victim later today.

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Posted in: Salford pub shooting sees man gunned down

Salford pub shooting sees man gunned down

 

The unnamed man was brought into the city's Hope Hospital with a gunshot wound at around 3.10am this morning. However he subsequently died of his injuries. It is believed he was shot during a fight at the Wellington pub on Salford's Regent Road, some time before 3am. Chief Superintendent Kevin Mulligan, Salford divisional commander, described the shooting as a 'terrible loss of life' but added that initial investigations had suggested there was no wider threat to the neighbourhood. Police have appealed for witnesses to the shooting to come forward (Picture: Getty Images)   He also appealed for witnesses to the shooting to come forward. 'We now have a team of officers from the Major Incident Team talking to witnesses and conducting inquiries, but we believe the key to this lies with the people in the pub at the time of the incident,' Mr Mulligan said. 'We will be trying to identify everyone who was in the pub in the lead-up to the incident so I want to ask anyone who was there to come forward,' he added. 'I understand your concerns about speaking to the police, but we have a number of ways of ensuring you will be protected. 'Please bear in mind that a family is mourning the loss of a life today and your information could help them get the answers they need.' A post-mortem was due to be carried out on the victim later today.

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Posted in: Salford pub shooting sees man gunned down

Microsoft online services hit by major failure

 

Millions of Microsoft users were left unable to access some online services overnight because of a major service failure. Hotmail, Office 365 and Skydrive were among the services affected. Microsoft was still analysing the cause of the problem on Friday morning, but said it appeared to be related to the internet's DNS address system. Such a major problem is likely to raise questions about the reliability of cloud computing versus local storage. Especially embarrassing is the temporary loss of Office 365, the company's alternative to Google's suite of online apps. Its service also went offline briefly in mid-August, less than two months after it launched. The latest disruption is believed to have lasted for around two-and-a-half hours, between 0300 GMT and 0530 GMT. In a blog, posted at 0649 GMT, Microsoft said: "We have completed propagating our DNS configuration changes around the world, and have restored service for most customers." The Domain Name System (DNS) is responsible for translating URL web addresses , such as bbc.co.uk into the internet's native system of IP addresses, e.g. 212.58.246.95.

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Posted in: Microsoft online services hit by major failure

Dramatic new phone hacking twist as police quiz top Guardian writer

 

A Guardian newspaper reporter has been questioned under caution by detectives investigating phone-hacking at the News of the World. Amelia Hill, who has broken major scoops about the scandal engulfing the Murdoch media empire, was quizzed by police probing alleged leaks from the investigation into News International. It is understood the 37-year-old reporter had a friendship with a detective who works on Operation Weeting. A Scotland Yard officer has been arrested and suspended on suspicion of leaking information to the Guardian. It marks an extraordinary twist in the five-year saga that has led to the arrest of 16 people, including Prime Minister David Cameron's spin doctor Andy Coulson, and the resignation of NI chief executive Rebekah Brooks. A Guardian News & Media spokesman said: "We can confirm Amelia Hill has been questioned in connection with an investigation into alleged leaks. On a broader point, journalists would no doubt be concerned if the police sought to criminalise conversations between off-record sources and reporters." In July Hill broke the Guardian's Milly Dowler story - described as a "tipping point" in the scandal - which revealed that private investigators working for the NoW hacked the voicemails of the murdered schoolgirl after she went missing. Within weeks, Mrs Brooks, Metropolitan Police Commissioner Sir Paul Stephenson and Les Hinton, media mogul Rupert Murdoch's right-hand man for more than 50 years, had all resigned. It is understood Hill received police tip-offs about impending arrests. The Evening Standard has been told the police officer suspended from Operation Weeting called the Guardian the night he was arrested asking to speak to Hill. The Guardian has broken key scoops relating to the scandal which began when former NoW royal editor Clive Goodman was jailed for hacking the voicemails of royal aides in 2006. In July 2009, the newspaper also revealed NI had paid £700,000 to football union boss Gordon Taylor in a bid to cover up alleged widespread phone-hacking at the now-defunct Sunday tabloid. Dan Roberts, the Guardian's national news editor, said on Twitter that the developments were a "bleak day for journalism when (a) reporter behind vital hacking revelations is criminalised for doing her job". Two separate internal inquiries into police relationships with the media were launched after it emerged that the NoW had allegedly paid more than £100,000 to corrupt royal protection officers in return for information. An inquiry by Her Majesty's Inspectorate of Constabulary is examining "alleged corruption and abuse of power" in police relationships with the media. Separately, former Parliamentary Commissioner for Standards Elizabeth Filkin is drawing up a framework for how police officers handle their relationships with reporters. Three years ago, a case against Sally Murrer, a reporter on the Milton Keynes Citizen, and a former Thames Valley police detective Mark Kearney was thrown out. Kearney had been accused of leaking information to her. Meanwhile, police arrested another 35-year-old man at his home at 5.55am on suspicion of conspiracy to intercept voicemail messages. He was taken to a north London police station for questioning. He is the 16th suspect to be held since the scandal broke. The dawn raid came as it emerged that Mr Coulson is refusing to give evidence to the House of Commons committee investigating the scandal. MPs on the culture, media and sport select committee have asked him to comment on claims that he knew that hacking was widespread on the NoW when he was editor

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Posted in: Dramatic new phone hacking twist as police quiz top Guardian writer