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London Least Hit by Downturn: Study

The current economic slowdown has created huge regional economic disparities in Britain with Wales, West Midlands and Yorkshire facing the worst, reports Pricewaterhouse Coopers. Though the unemployment rate and other growth indicators are negative for London, the city has fared better compared to the other regions.
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Italy's Prime Minister Silvio Berlusconi announces resignation in  2005

Eurozone Split Fears Mount as Italy Enters Bail-Out Territory

The Eurozone is greeted by worsening news each day as Germany and France try to save the currency and the concept. The latest to join the league of bail-out seekers is Italy as the country’s 10-year bond yields reached more than 7 percent on Wednesday.
A generic image shows the face of Queen Elizabeth seen on a five pound note alongside euro currency in London

Watchdog Issues Warning Over Council Fraud

The Government’s spending watchdog has urged local councils and other related bodies to boost their counter-fraud defences with a view to tackling criminals who con them by using the data they post on their own websites under transparency drives.
Shopping Mall

Non-Food Inflation Pushing Household Budgets: Report

It is not the food prices that are causing the monthly household expenditure going over the roof for the British citizens, according to the latest British Retail Consortium (BRC) report on Shop Price Index 2011. Rising utility, fuel and insurance bill are the real culprits and driving the household spending to a higher range.
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Vodafone Denies ‘Sweetheart’ Deal as HMRC Lawyer Takes Oath

Vodafone, Britain’s biggest mobile phone company denied any ‘sweetheart’ deal with HMRC in a reported multibillion tax bill. The company was accused of settling a tax dispute by paying just £1.25 billion last year as the actual amount is still not clear.
A general view shows the main entrance to the Scottish Power owned Black Law wind farm in Lanarkshire

Energy Firms Ranked Low in Carbon Footprint League Table

Manchester United, Ofgem, Asda, Scottish Power and Center Parcs are among the top 100 names in the performance league table published by the Environment Agency under its Carbon Reduction Commitment Energy (CRC) Efficiency Scheme.
Nissan LEAF

Nissan to Offer Free Charging Stations to Boost EV Sales in Europe

Nissan Motor Corp Ltd, Japan’s second largest automotive company by volume, is planning to start 400 free charging stations across Europe by February 2012. As part of its plans to set up a European-wide Quick Charge (QC) network across prominent locations in Europe, the company is giving away the charging stations free of cost to the operators.
British Airways

OFT Set to Pursue BA Price Fixing Fine

The Office for Fair Trading (OFT) has confirmed that it is pursuing a £121.5m fine it had imposed on British Airways (BA) following the alleged collusion between BA and Virgin Atlantic over the pricing of passenger fuel surcharges on transatlantic flights between August 2004 and January 2006.
Call of Duty: Modern Warfare 3 London launch party

Call of Duty: Modern Warfare 3 Launch Party Pictures

Call of Duty: Modern Warfare 3 was released worldwide on Tuesday, and parties in London, Paris and Berlin launched the game with a bang. The IBTimes went along to the London launch party, which featured Danny Wallis, Jason Bradbury, footballer Joey Barton and the cast of 'The Only Way Is Essex'.
Dell XPS 14z

Review: Dell XPS 14z

The Dell XPS 14z is billed as a 13-inch laptop with a 14-inch screen, and with its compact form factor and tiny screen bezel, the 14z looks to delivers on its promise.