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Horse Abattoir: Film Reveals Welfare Breaches

Written By Unknown on Sabtu, 19 Januari 2013 | 14.47

By Jason Farrell, Sky Correspondent

Sky News has uncovered shocking animal welfare conditions at a UK horse abattoir.

They include animals being beaten, neglected and illegal procedures in the process of slaughtering British horses destined for European food markets.

It comes amid public anger that some of our biggest supermarkets have been selling beef burgers and other products that contained horse meat.

Sky News visited the Red Lion Abattoir near Nantwich in Cheshire after concerns were raised by Animal Welfare Group Hillside Animal Sanctuary.

Investigators at Hillside fitted secret cameras which filmed horses being beaten with an iron rod to encourage them into the pens. 

Some were then crammed into the slaughter pens in pairs and, on one occasion, a group of three, before being stunned together.

Red Lion Abattoir The video revealed horses hit with sticks to goad them into slaughter pens

In harrowing images the horses fall on top of each other. Under The Welfare of Animals Act 1995, horses should not be slaughtered in sight of one another because of the distress it causes.

Furthermore we found that sick or injured horses were left untended overnight, rather than put down immediately.

As a result of the investigation, two slaughter men have had their licences revoked. Craig Kirby, head of approvals and veterinary advice at the Food Standards Agency (FSA) told Sky News: "As soon as we got the footage and reviewed it we took immediate action to revoke the slaughter men's licences.

"That means they cannot work to slaughter animals again. We will also look to gather further evidence to see if we can prosecute."

Former Government Chief Veterinary Officer Keith Meldrum, who viewed the footage, said he was shocked by what he described as "appalling" welfare breaches.

"We see three animals stunned at the same time and it is totally illegal and contrary to welfare slaughter regulations," he said.

"It's a significant welfare problem for a number of reasons. It's harder to render them unconscious in a group and they have a higher chance of regaining consciousness before you've completed the procedure."

Another incident filmed included a horse that appeared to come round from the stun while being hung upside down before being bled. Mr Meldrum described it as "totally and completely unacceptable".

FSA statistics released to Sky News show a dramatic increase in the number of UK horses slaughtered every year, from 3,859 in 2007 to 8,426 in 2012.

Red Lion Abattoir Some 8,426 horses were slaughtered in the UK in 2012

Depending on the size and breed they are bought for anything between £100 to £300 and can fetch around 700 euros on the European meat markets.

The animals come from a variety of backgrounds. Some are former pets, others come from show jumping or the race track.

A report last year from the British Horseracing Authority found: "The number of thoroughbreds reported dead to the Horse Passport Issuing Authority rose by 580 - an increase of 29% - from 1994 to 2574 horses.

"Of these, 1127 horses either in training, breeding or out of training were reported as killed in abattoirs - and reported to the Government Meat Hygiene Service - from 499 horses in 2010, an increase of 126%."

However, in a statement to Sky News, the BHA added: "This is a wider equine issue and not an issue for the British racing industry, which is one of the country's most highly regulated equine pursuits.

"However, if there are allegations that any horse, whether thoroughbred or not, is being inhumanely treated in an abattoir we would fully support any investigation and subsequent action, if appropriate."

During the investigation, Hillside Animal Sanctuary rescued one racehorse called Underwriter by bidding against the abattoir at auction. They discovered it had a distinguished career.

John Watson, from Hillside, said: "It's not just ill and old horses being killed. There are very many fit and healthy horses, horses with foals, pregnant mares, and thoroughbreds that are being treated badly.

"It blows away the myth of humane slaughter, and there is a misery in that place that is palpable."

Red Lion Abattoir Red Lion Abattoir said they had revoked the license of two slaughtermen

Hillside's lead investigator, who did not want to be identified, added: "What we've found has shocked us deeply; animals left with horrendous injuries and horses shot on top of each other.

"In all the years I've been doing this work, without doubt it's the most harrowing experience I've come across. All the horses in there had their heads hung down."

The Red Lion Abattoir told us it views animal welfare and public health with paramount importance.

In a statement it said: "In attendance at the The Red Lion Abattoir are three full time Food Standards Officers comprising of an official veterinarian and full-time meat hygiene inspectors throughout production."

It said the incidents were "not the norm, but of an isolated nature" and they have taken disciplinary action against the individual featured.

The statement continued: "I agree horses should individually enter the stunning area and most certainly not three at a time.

"However, small horses and ponies having spent years together as companions are difficult to separate. Horse lovers would understand that.

"My opinion and that of other veterinarians is it is better to keep those types together to reduce the stress, providing swift dispatch is achieved."

The Red Lion Abattoir also insisted it meat was not part of the recent supermarket burger scandal.

The horses there are destined to be served in European food markets. The scandal this time is the way they are treated, in the last moments of their lives, in a licenced British abattoir. 

Roly Owers, Chief Executive of World Horse Welfare, viewed the footage and said: "The breaches, from what we've seen, are throughout; from the care of the animals to the slaughter process.

"Horses are intelligent animals. When they see an animal stunned in front of them you can only imagine the distress that animal is going through. There are, without doubt, welfare issues here and it is plain illegal."

The RSPCA said "The footage is shocking and upsetting to watch."  They have requested a full copy of the film with a view to investigating.


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Stansted Airport Is Sold For £1.5bn

The company formerly known as BAA is to sell Stansted airport to the Manchester Airports Group for £1.5bn.

The deal will mean that BAA - now known as Heathrow Airport Holdings - will be responsible for just four UK airports compared with its original seven.

The remaining ones are Heathrow, Southampton, Aberdeen and Glasgow.

Colin Matthews, chief executive of Heathrow, said: "Stansted Airport and its people have been part of our company for a long time.

"It has been named by passengers as 'the world's best airport for low-cost airlines' for two consecutive years at the Skytrax World Airport Awards, and we are proud of its achievements.

"We wish the new owners every success and are confident the airport will continue to flourish.

"We will continue to focus on improving Heathrow, Glasgow, Aberdeen and Southampton airports."

Heathrow Airport Holdings has been forced to sell the airport after a ruling by the Competition Commission last year.

The company did not challenge the decision in the Supreme Court but maintained that the ruling "fails to recognise that Stansted and Heathrow serve different markets".

The sale of Britain's third busiest airport is expected to close by the end of February

Manchester Airports Group owns and operates Manchester, East Midlands and Bournemouth airports.

It had been one of the bidders for Gatwick when BAA put it up for sale but it lost out to American private equity group Global Infrastructure Partners which now also runs Edinburgh.


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Boeing Dreamliner Deliveries Halted

Boeing 787 Dreamliner Timeline

Updated: 1:50am UK, Saturday 19 January 2013

The turbulent history of the Boeing 787 Dreamliner:

Jan 19, 2013: Boeing says it is stopping deliveries of the Dreamliner to airlines.

Jan 18, 2013: US Federal Aviation Administration (FAA) officials arrive in Japan to examine a 787 and its melted battery pack after an All Nippon Air (ANA) emergency landing two days earlier

Jan 17, 2013: The European Aviation Safety Agency,  FAA and Qatar Airways ground Dreamliners under their regulatory control

Jan 16, 2013: Japan Air Lines Co Ltd (JAL) follows suit and suspends Dreamliner flights from Japan over safety concerns

Jan 16, 2013: ANA grounds all 17 of its 787s after four of its aircraft suffer problems

Jan 16, 2013: ANA 787 Dreamliner makes emergency landing in Takamatsu, Japan, after smoke appears in cabin

Jan 11, 2013: The Federal Aviation Authority announces a review of the 787 design and systems

Jan 11, 2013: ANA discovers engine oil leak after a domestic flight lands at Miyazaki

Jan 11, 2013: A separate ANA flight to Matsuyama reported a crack appearing in the pilot's window

Jan 9, 2013: ANA cancels a Boeing 787 Dreamliner flight due to a brake problem

Jan 8, 2013: Japan Air Lines (JAL) grounds a jet at Boston Logan International Airport after a 787 leaks 150 litres of fuel

Jan 7, 2013: A fire erupts in a battery pack in another JAL Dreamliner at Boston

Dec 13, 2012: Qatar Airways grounds one of its Dreamliners because of a faulty generator

Dec 5, 2012: The FAA orders inspections of all 787 Dreamliners in service in the US

Dec 4, 2012: A United Airlines 787 is forced to make an emergency landing in New Orleans after a generator fails

July 23, 2012: ANA grounds five Dreamliners due to an engine component issue

Feb 22, 2012: Boeing says around 55 Dreamliners may be affected by a flaw in the fuselage

Oct 26, 2011: The Dreamliner makes its maiden flight with paying passengers on board an ANA jet

Sep 26, 2011: Boeing delivers its first 787 Dreamliner to Japan's ANA, three years late

Jun 23, 2010: Boeing postpones the first flight of the Dreamliner because of a structural flaw

Dec 15, 2009: The passenger jet 787 Dreamliner takes off on its maiden test flight

Apr 9, 2008: Boeing says there will be a revised plan for the first 787 flight and initial deliveries

Dec 11, 2008: Boeing announces further delays due to strike action by machinists Sept-Nov

Oct 19, 2007: Boeing says there will be a six-month delay to deliveries due to assembly issues

Jul 8, 2007: The first assembled 787 goes on display to media, employees and customers

Jul 18, 2006: Boeing says it is making "solid progress" on the 787 Dreamliner programme

Jan 28, 2005: Boeing gives its new commercial airplane an official model designation number - 787

Jan 29, 2003: Boeing announces the launch of a new aircraft called the 7E7


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Boeing Dreamliners Grounded Across The World

Written By Unknown on Jumat, 18 Januari 2013 | 14.47

Boeing 787 Dreamliner Timeline

Updated: 12:15pm UK, Thursday 17 January 2013

The turbulent history of the Boeing 787 Dreamliner:

Jan 17, 2013: The European Aviation Safety Agency, US Federal Aviation Administration and Qatar Airways ground their Dreamliners.

Jan 16, 2013: Japan Air Lines Co Ltd (JAL) follows suit and suspends Dreamliner flights from Japan over safety concerns

Jan 16, 2013: ANA grounds all 17 of its 787s after four of its aircraft suffer problems

Jan 16, 2013: ANA 787 Dreamliner makes emergency landing in Takamatsu, Japan, after smoke appears in cabin

Jan 11, 2013: The Federal Aviation Authority announces a review of the 787 design and systems

Jan 11, 2013: All Nippon Airways (ANA) discovers engine oil leak after a domestic flight lands at Miyazaki

Jan 11, 2013: A separate ANA flight to Matsuyama reported a crack appearing in the pilot's window

Jan 9, 2013: ANA cancels a Boeing 787 Dreamliner flight due to a brake problem

Jan 8, 2013: Japan Air Lines (JAL) grounds a jet at Boston Logan International Airport after a 787 leaks 150 litres of fuel

Jan 7, 2013: A fire erupts in a battery pack in another JAL Dreamliner at Boston

Dec 13, 2012: Qatar Airways grounds one of its Dreamliners because of a faulty generator

Dec 5, 2012: The Federal Aviation Administration orders inspections of all 787 Dreamliners in service in the US

Dec 4, 2012: A United Airlines 787 is forced to make an emergency landing in New Orleans after a generator fails

July 23, 2012: ANA grounds five Dreamliners due to an engine component issue

February 22, 2012: Boeing says around 55 Dreamliners may be affected by a flaw in the fuselage

October 26, 2011: The Dreamliner makes its maiden flight with paying passengers on board an ANA jet

September 26, 2011: Boeing delivers its first 787 Dreamliner to Japan's ANA, three years late

June 23, 2010: Boeing postpones the first flight of the Dreamliner because of a structural flaw

December 15, 2009: The passenger jet 787 Dreamliner takes off on its maiden test flight

April 9, 2008: Boeing says there will be a revised plan for the first 787 flight and initial deliveries

December 11, 2008: Boeing announces further delays due to strike action by machinists Sept-Nov

October 19, 2007: Boeing says there will be a six-month delay to deliveries due to assembly issues

July 8, 2007: The first assembled 787 goes on display to media, employees and customers

July 18, 2006: Boeing says it is making "solid progress" on the 787 Dreamliner programme

January 28, 2005: Boeing gives its new commercial airplane an official model designation number - 787

January 29, 2003: Boeing announces the launch of a new aircraft called the 7E7


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Horsemeat Burger Factory In Ireland Shut Down

All production has been halted at an Irish factory discovered to have produced beef burgers containing horsemeat

Silvercrest Foods in the county of Monaghan, announced it would suspend operations indefinitely pending further investigations into how its products were contaminated.

Ten million burgers have been removed supermarket freezers across Ireland and the UK and are now expected to be destroyed after Irish authorities found they contained traces of horse DNA.

Silvercrest has said that it believes that it believes that the source of the contaminated material is one supplier on the continent.

"However, because equine DNA has been found in finished products tested this week, we have decided that the responsible course of action is to suspend all production at the Silvercrest plant in County Monaghan with immediate effect," it said.

Ireland's Agriculture Minister Simon Coveney confirmed that seven samples of raw ingredients in the burgers were tested for horse DNA, including one from another European country which tested positive.

All ingredients in the production of burgers sourced from Irish suppliers tested negative.

Tesco apology Tesco apologised in newspaper adverts in the UK and Ireland

Mr Coveney described the contaminated ingredient as a powdered beef-protein additive used to bulk up cheaply produced burgers with relatively little meat.

Mike Gibney, director of the Institute of Food and Health at University College Dublin, said the drive to cut prices could have contributed to the problem as beef is three to four times more expensive than horsemeat, which is primarily used in pet food.

"As you push down the price of the producer, they push down the price of their supplier, there you get into the danger," he said.

"You might find a supplier cutting costs and putting ingredients in there that shouldn't be in there."

Silvercrest's parent company, ABP Food Group, has said it will introduce DNA testing in its production lines and  has sent investigators to the production plants of all of its ingredient suppliers.

Irish authorities have repeatedly stressed there are no safety concerns over the use of horsemeat in the burgers.

Tesco, a batch of whose Everyday Value burgers were found to contain 29% horsemeat, and other retailers including Aldi and Lidl, have apologised to customers.

Sainsbury's, Asda and the Co-op have also withdrawn some frozen products in a "purely precautionary" move, stressing they had not been found to be selling contaminated food.


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China Economy: GDP Accelerates At End Of 2012

By Mark Stone, China Correspondent

China's economic growth has accelerated for the first time in two years, according to figures released by the country's government.

However, the 7.9% gross domestic product (GDP) rise in the fourth quarter (Q4) of 2012 masks a broader slowdown.

The year-long GDP figure - an expansion of 7.8% - represents the worst performance in 13 years.

The Q4 figure, released by the National Bureau of Statistics in Beijing, does suggest an encouraging turnaround for the world's second largest economy.

Retail sales in China were up 14. 3% and industrial output was up 10%, according to the government figures.

Fixed asset investment - a key indicator on infrastructure spending - was up 20.6% in 2012. A staggering £3.63trn was spent on infrastructure projects through 2012.

For the past two years, China's economy has been showing signs of a slowdown.

The Q4 turnaround is likely to gather pace for at least the next two quarters as the investment in infrastructure is rolled out. This will benefit the incoming Chinese leadership who take office in March.

However, the longer term direction of the Chinese economy is uncertain. The infrastructure stimulus will fade and when it does, a slowdown could return.

Analysis of the figures by economists will provide further detail on the accuracy of the data, as there is often mistrust of the Chinese government and its willingness to reveal accurate economic statistics.

The broader forecast for China is uncertain. Beijing is contending with a complicated conundrum. As it develops, it needs to move away from a legacy of producing cheap, low quality products.

The desire is to become a nation producing higher end goods and top-end technology.

To an extent, they already are. Huawei and Lenovo are two of the world's largest electronics firms and Chinese cars are selling very well in emerging markets, taking 10% of 2012 Chile cars sales.

But completing that transformation will take time and the chances of a dip in the interim are significant.

Added to that is fact that foreign investors who have traditionally made all their goods in China are now turning to cheaper labour markets in South-East Asia.

As China has boomed, wages have gone up and big investors have moved south to Vietnam, Cambodia and Thailand, and west to India.

China has become the world's second largest economy by making everything for everyone and at the lowest price.

To continue its trajectory it now needs to take advantage of its own increasingly wealthy population and persuade them to buy more.


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Boeing Dreamliners Grounded By US and Japan

Written By Unknown on Kamis, 17 Januari 2013 | 14.47

Boeing 787 Dreamliner Timeline

Updated: 4:05am UK, Wednesday 16 January 2013

The turbulent history of the Boeing 787 Dreamliner:

Jan 16, 2013: Japan Air Lines Co Ltd (JAL) follows suit and suspends Dreamliner flights from Japan over safety concerns

Jan 16, 2013: ANA grounds all 17 of its 787s after four of its aircraft suffer problems

Jan 16, 2013: ANA 787 Dreamliner makes emergency landing in Takamatsu, Japan, after smoke appears in cabin

Jan 11, 2013: The Federal Aviation Authority announces a review of the 787 design and systems

Jan 11, 2013: All Nippon Airways (ANA) discovers engine oil leak after a domestic flight lands at Miyazaki

Jan 11, 2013: A separate ANA flight to Matsuyama reported a crack appearing in the pilot's window

Jan 9, 2013: ANA cancels a Boeing 787 Dreamliner flight due to a brake problem

Jan 8, 2013: Japan Air Lines (JAL) grounds a jet at Boston Logan International Airport after a 787 leaks 150 litres of fuel

Jan 7, 2013: A fire erupts in a battery pack in another JAL Dreamliner at Boston

Dec 13, 2012: Qatar Airways grounds one of its Dreamliners because of a faulty generator

Dec 5, 2012: The Federal Aviation Administration orders inspections of all 787 Dreamliners in service in the US

Dec 4, 2012: A United Airlines 787 is forced to make an emergency landing in New Orleans after a generator fails

July 23, 2012: ANA grounds five Dreamliners due to an engine component issue

February 22, 2012: Boeing says around 55 Dreamliners may be affected by a flaw in the fuselage

October 26, 2011: The Dreamliner makes its maiden flight with paying passengers on board an ANA jet

September 26, 2011: Boeing delivers its first 787 Dreamliner to Japan's ANA, three years late

June 23, 2010: Boeing postpones the first flight of the Dreamliner because of a structural flaw

December 15, 2009: The passenger jet 787 Dreamliner takes off on its maiden test flight

April 9, 2008: Boeing says there will be a revised plan for the first 787 flight and initial deliveries

December 11, 2008: Boeing announces further delays due to strike action by machinists Sept-Nov

October 19, 2007: Boeing says there will be a six-month delay to deliveries due to assembly issues

July 8, 2007: The first assembled 787 goes on display to media, employees and customers

July 18, 2006: Boeing says it is making "solid progress" on the 787 Dreamliner programme

January 28, 2005: Boeing gives its new commercial airplane an official model designation number - 787

January 29, 2003: Boeing announces the launch of a new aircraft called the 7E7


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Horse Meat Burgers: FSA Threatens Legal Action

The UK food watchdog is considering whether legal action should be taken against companies at the centre of the scandal over horse meat found in beef burgers.

The Food Standards Agency (FSA) said it would consult relevant local authorities and the Food Safety Authority of Ireland (FSAI) before making a decision to take action.

After a meeting with food industry representatives, the FSA said it would continue a review of the traceability of the food products identified in an FSAI survey which uncovered the scandal.

It also said it would try to further understand how the lower levels of horse and pig meat contamination took place and help to carry out a UK-wide study of food authenticity in meat products.

But Tim Lang, professor of food policy at City University in London, said horse meat could have been in beef burgers for years but remained undetected because of insufficient food regulation.

He blamed the findings on light industry regulations, tweeting: "Horse meat in beefburgers suggests failings in corporate food governance.

"Law clear - 'food shall be of nature, substance and quality demanded'."

Tesco apology Tesco's apology is in a number of newspapers

Tesco has placed full-page adverts in a number of national newspapers apologising to customers and has also promised to refund those who bought the contaminated products.

In the advertisement, entitled "We apologise", the supermarket says: "While the FSAI has said that the products pose no risk to public health, we appreciate that, like us, our customers will find this absolutely unacceptable."

It continues: "We have immediately withdrawn from sale all products from the supplier in question, from all our stores and online ... We and our supplier have let you down and we apologise."

It comes as the food company at the centre of the scandal - ABP Food Group - vowed to adopt strict DNA testing of its products to prevent a repeat.

The company, one of Europe's biggest suppliers and processors, is being investigated by health and agriculture authorities in the UK and Ireland.

Two of its subsidiaries - Silvercrest Foods in Ireland and Dalepak Hambleton in Yorkshire - supplied beef burgers with traces of equine DNA to supermarkets, including one product classed as 29% horse.

Horse meat found in beef products Products from Lidl, Aldi, Tesco and Iceland were found to contain horse DNA

An ABP spokeswoman said: "It is vital that the integrity of the supply chain is assured and we are committed to restoring consumer confidence.

"We take this matter extremely seriously and apologise for the understandable concern this issue has caused."

A third company, Liffey meats, based in Co Cavan, Ireland, was also found to be supplying products to supermarkets with traces of horse DNA.

Suppliers in the Netherlands and Spain have been identified as the possible sources for incorrectly labelled ingredients.

Horse meat found in beef products One product was classed as 29% horse meat

The results of the FSAI survey, verified in laboratories in Germany, showed low levels of horse in beef products sold in Tesco, Lidl, Aldi, Iceland and Dunnes Stores in Ireland.

Some burgers were also being sold in the UK but retailers insisted all suspect brands had been taken off the shelves within hours of the findings being released on Tuesday evening.

The scandal saw nearly 1% - or roughly £300m - wiped off the value of supermarket Tesco on Wednesday.

Prime Minister David Cameron said supermarkets had to take responsibility for what he said was an extremely disturbing case.

The FSAI analysed 27 beefburger products with best before dates from last June to March 2014 with 10 of the 27 products - 37% - testing positive for horse DNA and 85% testing positive for pig DNA.

The tests found horse DNA in the following products: Tesco Everyday Value Beef Burgers 29.1%, Tesco Beef Quarter Pounders 0.1%, Oakhurst Beef Burgers in Aldi 0.3%, Moordale Quarter Pounders in Lidl 0.1%, Flamehouse Chargrilled Quarter Pounders in Dunnes Stores 0.1%, and two varieties of Iceland Quarter Pounders 0.1%.

Ten million burgers have been taken off shelves as a result of the scandal.

Liffey Meats said it believed horse DNA was originally contained in raw ingredient marked "bovine only" and supplied by an EU approved factory.

It said the traces of horse in three of its products were minute.

In a statement, the company said: "Liffey Meats has never produced, purchased or traded any equine products.

"Ingredients were supplied from an EU approved plant and were certified from bovine sources only. We now believe that such imported raw ingredients were the ultimate source of the DNA traces found in some of our products."

:: The FSAI operates an advice line on 1890 33 66 77 from 9am-5pm.


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Comet Effect: Sales Up At Currys And PC World

Dixons reports strong sales across the UK and Ireland over the Christmas period, as "phenomenal" sales of tablets help boost its results.

The owner of Currys and PC World said like-for-like sales were up 8% over the 12 weeks to January 5, and were 11% higher in northern Europe.

Sales fell 8% in central and southern Europe, which is facing tough austerity measures and high unemployment, although the company said it was trading "ahead of weak local markets" in Italy and Greece.

The company's chief executive Sebastian James said customers had responded well to its range of products, offers and service.

"Our key multi-channel businesses delivered an encouragingly strong result during the Christmas period, particularly in the UK & Ireland and in Northern Europe," he said.

"Tablet sales were phenomenal across our markets, which was good to see but which impacted overall headline margins somewhat.

"White goods were also strong, particularly in the UK."

Dixons is sure to have benefited from the collapse of its rival Comet in November last year, which kicked off a string of high street casualties over the festive season.

Since the new year, camera retailer Jessops and entertainment chain HMV have both called in administrators.

Blockbuster, the DVD rental chain, collapsed on Thursday in the face of increasing competition from its online rivals.

Meanwhile, Argos said that 42% of its sales over the Christmas period were online, as it reported a 2.7% hike in like-for-like sales in the 18 weeks to January 5. 

The store's owner, Home Retail Group, said it is working to "reinvent" the chain as a "digital retail leader", noting that sales on mobiles weer up by 125%. 

More follows...


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Boeing Dreamliners Grounded By Japan Airlines

Written By Unknown on Rabu, 16 Januari 2013 | 14.47

Boeing 787 Dreamliner Timeline

Updated: 4:05am UK, Wednesday 16 January 2013

The turbulent history of the Boeing 787 Dreamliner:

Jan 16, 2013: Japan Air Lines Co Ltd (JAL) follows suit and suspends Dreamliner flights from Japan over safety concerns

Jan 16, 2013: ANA grounds all 17 of its 787s after four of its aircraft suffer problems

Jan 16, 2013: ANA 787 Dreamliner makes emergency landing in Takamatsu, Japan, after smoke appears in cabin

Jan 11, 2013: The Federal Aviation Authority announces a review of the 787 design and systems

Jan 11, 2013: All Nippon Airways (ANA) discovers engine oil leak after a domestic flight lands at Miyazaki

Jan 11, 2013: A separate ANA flight to Matsuyama reported a crack appearing in the pilot's window

Jan 9, 2013: ANA cancels a Boeing 787 Dreamliner flight due to a brake problem

Jan 8, 2013: Japan Air Lines (JAL) grounds a jet at Boston Logan International Airport after a 787 leaks 150 litres of fuel

Jan 7, 2013: A fire erupts in a battery pack in another JAL Dreamliner at Boston

Dec 13, 2012: Qatar Airways grounds one of its Dreamliners because of a faulty generator

Dec 5, 2012: The Federal Aviation Administration orders inspections of all 787 Dreamliners in service in the US

Dec 4, 2012: A United Airlines 787 is forced to make an emergency landing in New Orleans after a generator fails

July 23, 2012: ANA grounds five Dreamliners due to an engine component issue

February 22, 2012: Boeing says around 55 Dreamliners may be affected by a flaw in the fuselage

October 26, 2011: The Dreamliner makes its maiden flight with paying passengers on board an ANA jet

September 26, 2011: Boeing delivers its first 787 Dreamliner to Japan's ANA, three years late

June 23, 2010: Boeing postpones the first flight of the Dreamliner because of a structural flaw

December 15, 2009: The passenger jet 787 Dreamliner takes off on its maiden test flight

April 9, 2008: Boeing says there will be a revised plan for the first 787 flight and initial deliveries

December 11, 2008: Boeing announces further delays due to strike action by machinists Sept-Nov

October 19, 2007: Boeing says there will be a six-month delay to deliveries due to assembly issues

July 8, 2007: The first assembled 787 goes on display to media, employees and customers

July 18, 2006: Boeing says it is making "solid progress" on the 787 Dreamliner programme

January 28, 2005: Boeing gives its new commercial airplane an official model designation number - 787

January 29, 2003: Boeing announces the launch of a new aircraft called the 7E7


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Car Insurance Premiums Soar For Young Women

Car insurance prices for young women in the UK rose by an average 16.4% in the final quarter of 2012 after EU rules banned setting prices based on gender.

On average, women aged between 17 and 20 who insured themselves as the only driver paid £2,081 for their premiums.

But married females of the same age only saw a quarterly rise of 4.8%, with an average premium of £2,089 for two insured drivers on a car.

At the same time, quoted prices for men aged between 17 and 20 saw an average fall of 10.7% over the same period.

Gareth Kloet, head of car insurance at Confused.com, said: "With the EU gender directive taking effect from December 21, 2012, it's clear to see that the insurance industry has both reacted and prepared for the well documented and anticipated change in legislation during the last quarter.

"As expected, our index shows that women have seen the greatest changes in their insurance premium as insurers prepared for the change in legislation with what is effectively a gender tax on their car insurance premiums.

"We encourage everyone to shop around in order to get the best deals and if you are married, consider car sharing with your partner to benefit from cheaper car insurance premiums."

The figures, from the latest Confused.com/Towers Watson Car Insurance Price Index, also found the average comprehensive car insurance price now stands at £737 - down from £844 in the same quarter in 2011.

The EU Gender Directive came into force on December 21 last year, banning companies from setting prices according to gender.

The ruling, by the European Court of Justice, followed a 10-year legal battle against the proposals by insurers.


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Horsemeat In Burgers: Tesco Removes Product

Tesco, along with a number of other supermarkets, has removed certain brands of frozen beefburgers from its shelves in the UK and Ireland after they were found to contain horsemeat.

A study examining the authenticity of a number of beefburger, beef meal and salami products available from retail outlets in Ireland found horsemeat accounted for approximately 29% of the content in one sample of Tesco Everyday Value Beef Burgers.

Tests on beef products sold in Lidl, Aldi, Iceland and Dunnes Stores uncovered low levels of horse DNA.

Authorities have said there is no threat to public health, but the issue is one of consumer confidence and shoppers being able to trust that what they are eating is what was stated on the label.

Tim Smith, group technical director at Tesco, said: "We immediately withdrew from sale all products from the supplier in question.

"We are working with the authorities in Ireland and the UK, and with the supplier concerned, to urgently understand how this has happened and how to ensure it does not happen again.

"We will not take any products from this site until the conclusion and satisfactory resolution of an investigation.

"We understand that many of our customers will be concerned by this news, and we apologise sincerely for any distress."

The Food Safety Authority of Ireland (FSAI) tested for the presence of horse and pig DNA.

A Tesco supermarket is pictured in Epping, east of London Tesco was among the supermarkets found to have sold the affected burgers

A total of 27 beefburger products were analysed, with 10 (37%) testing positive for horse DNA and 23 (85%) testing positive for pig DNA.

Some 31 beef meal products including cottage pie, beef curry pie and lasagne were also analysed. Twenty-one were found to have pig DNA, while all were negative for horse DNA.

All 19 salami products analysed tested negative for horse DNA, but traces were detected in batches of raw ingredients including some imported from The Netherlands and Spain.

The beefburger products which tested positive for horse DNA were produced by two processing plants in Ireland, Liffey Meats and Silvercrest Foods, and one in the UK, Dalepak Hambleton.

They were on sale in Tesco, Dunnes Stores, Lidl, Aldi and Iceland. In nine of the 10 beefburger samples from these retailers, horse DNA was found at low levels.

The tests found horse DNA in the following products: Tesco Everyday Value Beef Burgers 29.1%, Tesco Beef Quarter Pounders 0.1%, Oakhurst Beef Burgers in Aldi 0.3%, Moordale Quarter Pounders in Lidl 0.1%, Flamehouse Chargrilled Quarter Pounders in Dunnes Stores 0.1%, and two varieties of Iceland Quarter Pounders 0.1%.

Even lower levels were recorded in Moordale Beef Burgers in Lidl and St Bernard Beef Burgers in Dunnes Stores.

The FSAI said it was working with the Department of Agriculture, Food and the Marine, as well as the processing plants and retailers involved.

It said the retailers had pledged to remove all implicated batches from their shelves immediately. In addition, Silvercrest Foods was withdrawing all products from sale and replacing them with new ones.

Aldi said it was conducting its own investigation. "We have sought information from one supplier, Silvercrest, which is dealing directly with the FSAI on the issue that has been raised," it said.

Lidl said it had taken the decision to remove all implicated products from sale pending a full investigation.

"A refund will be provided to customers who wish to return affected products," a spokesman said.

Professor Alan Reilly, the chief executive of the FSAI, said although consumers need not worry, the findings did raise a number of concerns.

He said: "The products we have identified as containing horse DNA and/or pig DNA do not pose any food safety risk and consumers should not be worried. Consumers who have purchased any of the implicated products can return them to their retailer.

"Whilst there is a plausible explanation for the presence of pig DNA in these products due to the fact that meat from different animals is processed in the same meat plants, there is no clear explanation at this time for the presence of horse DNA in products emanating from meat plants that do not use horse meat in their production process.

"In Ireland, it is not in our culture to eat horse meat, and therefore we do not expect to find it in a burger. Likewise, for some religious groups or people who abstain from eating pig meat, the presence of traces of pig DNA is unacceptable."

:: The FSAI operates an advice line on 1890 33 66 77 from 9am-5pm.


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TweetDeck: Twitter's UK Firm Risks Closure

Written By Unknown on Selasa, 15 Januari 2013 | 14.47

By Pete Norman, Sky News Online

One of Twitter's UK companies is at risk of being struck off over repeated failure to file accounts with the business regulator, Sky News can reveal.

The firm under scrutiny, TweetDeck Ltd, has been fined for a second time after missing deadlines in September and December last year.

A Companies House spokesperson told Sky News: "This is a non-compliance issue and a compulsory strike-off action has commenced.

"TweetDeck is still yet to file. That means they have 99 days to file up-to-date accounts or face being dissolved and struck-off the register."

HM Revenue and Customs (HMRC) will also gain access to details of the filing failure.

The chief executive officer of Twitter, Dick Costolo Twitter Inc's CEO Dick Costolo is also a director of its two UK companies

Twitter, which now has 200 million monthly users worldwide, declined to comment when contacted by Sky News about the position of its UK business.

TweetDeck is used by Twitter "power users" and helps integrate the programme with Facebook and other social media applications.

It was originally due to file annual business accounts no later than September 30 last year. However it failed to do so and incurred a nominal £375 penalty at that time.

But because it did not file accounts by the second cut-off of December 31 it has been hit with a second, automatic £375 penalty.

If the accounts are not filed shortly TweetDeck may be fined a total of £1,500, and be subject to debt recovery procedures and court action.

Details of the "proposal to strike off" were sent from the Cardiff-based business regulator to the London Gazette and are due to be published on Tuesday.

The London Gazette is the official Government journal of record and it allows the Tax Office, creditors or other interested parties to know of TweetDeck's position.

Details of the company on the Companies House website TweetDeck was supposed to file accounts with Companies House last September

The Companies House annual returns are used by businesses as a basis for tax filings with HMRC, but there is no suggestion TweetDeck has avoided any tax liability.

TweetDeck was started by Sheffield-educated computer programmer Iain Dodsworth in 2008 and sold to Twitter Inc in May 2011 for an estimated £25m.

The San Francisco microblogging giant controls its UK operations through a Dublin-based parent firm, Twitter International Company.

Three American Twitter Inc executives are directors of Twitter UK Ltd - chief operating officer Ali Rowghani, chief executive Dick Costolo and general counsel Alex Macgillivray.

But only Mr Costolo and Mr Macgillivray are directors of TweetDeck. Mr Macgillivray is company secretary for both UK firms and head of corporate development at Twitter Inc.

TweetDeck's directors are now in the unenviable position of being part of the 0.9% of firms that fail to abide by regulations controlling UK businesses.

According to Companies House, more than 2.7 million firms are actively registered and 99.1% are up to date in their filings.

homepage of the microblogging website Twitter Twitter has expanded rapidly and sought to increase its use by celebrities

On December 10, Sky News revealed that both TweetDeck and Twitter UK had failed to file accounts by the pre-penalty due date of September 30.

Three days after the revelations Mr Rowghani signed annual abbreviated accounts for Twitter UK.

Those accounts were made public last week but only dealt with Twitter UK - not TweetDeck - between June 1 and December 31, 2011 and showed a profit of £16,500 on a total income of £484,723.

The filed documents showed Twitter UK accounts were audited by PwC and signed by a Dublin senior statutory auditor on December 17.

However no TweetDeck business accounts have been lodged with Companies House since Mr Dodsworth resigned in July, 2011.

Corporate solicitor Maung Aye, of Mackrell Turner Garrett, told Sky News: "It is particularly important for globally recognised companies to ensure that members of their group comply with any requisite filing deadlines set by the Companies Act 2006 and any other relevant legislation, to the extent it applies to them.

"What can be perceived by the directors as a relatively minor issue such as the late filing of a company's accounts, can potentially have very serious consequences including the directors of the offending company being prosecuted and ending up with a criminal record and the company being subject to a fine.

"Ultimately, the Registrar of Companies has the power to strike a company off the register if he believes it is no longer in business."

Companies House is also explicit in the duties expected of directors, whether they are Britons or foreigners.

Iain Macgillivray (r), the US-based company secretary of Twitter UK Ltd US-based director Alexander Macgillivray heads Twitter's trust department

"As an officer of your company, you are personally responsible for ensuring that you deliver your accounts and reports before the time allowed runs out," the business regulator explains on its website.

Twitter has recently prepared for an expansion of staff in its London and Dublin offices as it builds a multinational advertising sales team.

Plans include increasing revenue by "self-serve" credit card payments for advertisers, a system to root out spam adverts, and a programme to translate tweet feeds into more than 28 languages.

It is also creating a "media partnerships" team in Britain to cultivate wider use of Twitter by celebrities including "athletes, actors, comedians, musicians, etc".

Corporate insiders believe the speed of expansion of Twitter and a lack of communication between professional and legal advisers have played a part in its British business filing blunders.

Forbes magazine recently reported that Twitter is moving towards a public flotation in 2014 and could be worth more than $11bn (£6.8bn) to investors if it successfully monetises social media without disenfranchising users.

But it risks further harm if it fails to improve external perception of internal structures.

"This could mean a public relations disaster for the global brand with the adverse publicity it would inevitably receive," Mr Aye said.

"Shareholders and investors would certainly feel very uncomfortable by the thought that their company does not seem to be getting these basic requirements right."


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BBA Targets Body To Strike Off Rogue Bankers

By Mark Kleinman, City Editor

A tough new code of conduct for bank employees and an independent body that would have powers to ban rogue bankers are among a series of tough measures proposed to restore public trust in the beleaguered industry.

I have obtained a copy of a submission made by the British Bankers' Association (BBA) to the Parliamentary Commission on Banking Standards, which was set up in the wake of the Libor rate-rigging scandal last summer.

The creation of a Banking Standards Review Council, which would be underpinned by statutory or regulatory support, is one of a series of options presented by the lobbying group.

In its submission, the BBA suggests as a starting point that reforms should look at strengthening the existing infrastructure, which would involve extensive co-operation with the Financial Conduct Authority (FCA), the new regulator that will become operational later this year.

The current system is focused on an Approved Persons Regime, which the BBA argues could be strengthened by ensuring that all banking sector roles with significant responsibility for risk or customer-facing activity would be covered. This would include anyone with a wholesale markets function, such as employees who help to set Libor benchmark rates.

The BBA says that "setting up a 'register of bankers' that individuals could be removed from or some sort of 'blacklisting' [may be necessary] with the aim of preventing an individual from working in the banking sector (and perhaps all of financial services)".

The BBA assesses two main options for an entirely new system: one would represent a "top-down approach [focused] on organisations as a whole and seeks to raise standards by requiring them to take steps to improve the oversight, monitoring and control of employees". This approach would be overseen externally by a body which the BBA proposes to call the Banking Standards Review Council.

That new organisation, the BBA suggests, "would need to be independent of the industry - by which we mean an independent non-banking chairman and a majority of non‐banking members, including customers of banking services and the public interest, but with industry support and input".

As well as overseeing bankers' behaviour, it could also operate a whistle-blowing system for bank employees.

Employees of both UK and overseas banks would have to adhere to a code that would be modelled on the Lord George Principles of Business Conduct, which include a duty "to act honestly and fairly at all times when dealing with clients, customers and counterparties and to be a good steward of their interests".

But, the lobby group warns, the creation of a new body could effectively mean moving to a "three peaks" regulatory system which duplicated the existing regime and risked causing "unnecessary and confusing complexity".

The BBA also highlights in its submission a "bottom-up approach...focused on professional standards [of] the individuals operating within the industry and seeks to raise their technical competencies and ethical standards. This approach is a feature of other professions, including the medical, legal and accounting sectors".

It could involve establishing a Professional Standards Board and could be "separate to the potential Banking Standards Review Council envisaged under the 'top-down' approach, or be one and the same".

Anthony Browne, the BBA's Chief Executive, is due to appear before the Parliamentary Commission later on Monday, where he is expected to discuss the options contained in the lobbying group's submission.

The options were formulated by a taskforce involving major UK banks including Barclays and Royal Bank of Scotland, along with two European banks and one American lender which are among the BBA members. KPMG, the professional services firm, was also involved.

As Sky News revealed last week, the chairmen of the six British-based banks have met to discuss the proposals, about which they did not reach a unanimous view. Hinting at the level of debate between them, the BBA submission admits that "it may be that the answer to strengthening ethical and professional standards lies in large part with the new regulator".

Some of the bank chairmen have argued during private discussions that they should wait until the FCA has outlined its approach to tackling banking standards-related issues before establishing a new body, while others believe a new organisation should be set up as soon as possible.

People familiar with the BBA's submission said it had decided to present the pros and cons of each proposal because it did not want to appear to be prescriptive at a time when the group has been discredited by its role as the overseer of the Libor-setting process.

"There was a feeling that a single option proposed by the BBA would be discounted by the Parliamentary Commission because of the difficult time the BBA is having at the moment," said one person familiar with the submission process.

The BBA said that tough new oversight of bankers' behaviour would not necessarily deter banks from investing in the UK.

"A well-formulated proportionate approach to any Code and Council should, in fact, enhance the attractiveness of the UK as a place to do business.

"If the application of the Code raised standards of professional conduct and enhanced trust it should attract companies, capital and clients to the market. In this respect, parallels can be drawn with the UK law and judicial system, which draws people to London by virtue of the confidence in which it is held," its submission says.

The BBA declined to comment further ahead of Mr Browne's evidence session.


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HMV Calls In Administrators After Sales Drop

By Mark Kleinman, City Editor

HMV has thrown in the towel after years of struggling to fend off nimbler rivals by calling in administrators in a move which puts more than 4,000 jobs in jeopardy.

As Sky News revealed exclusively on Monday evening, the board of HMV has served notice of its intention to appoint Deloitte to oversee last-ditch efforts to rescue the high street entertainment retailer.

Following a board meeting that lasted several hours, HMV directors, led by chairman Philip Rowley and chief executive Trevor Moore, decided the business could no longer trade without insolvency protection.

HMV had been in talks with its lenders until last week about a new financing package, the terms of which could not be agreed, according to insiders.

The company said: "On 13 December 2012, the company announced that as a result of current market trading conditions, the company faced material uncertainties and that it was probable that the group would not comply with its banking covenants at the end of January 2013.

"The company also stated that it was in discussions with its banks.

"Since that date, the company has continued the discussions with its banks and other key stakeholders to remedy the imminent covenant breach.

"However, the board regrets to announce that it has been unable to reach a position where it feels able to continue to trade outside of insolvency protection, and in the circumstances therefore intends to file notice to appoint administrators to the company and certain of its subsidiaries with immediate effect.

"The directors of the company understand that it is the intention of the administrators, once appointed, to continue to trade whilst they seek a purchaser for the business."

Trading in HMV's shares, which are now expected to be worthless, will be suspended this morning.

The appointment of Deloitte follows the accountancy firm's work on the collapse of Woolworths in 2008.

HMV has been caught between the encroachment onto its turf of supermarket chains such as Tesco and Asda, and the explosive growth of digital specialists like Amazon which are unencumbered by hefty real estate costs.

Chuka Umunna, the shadow business secretary, said the news of HMV's potential demise was "deeply worrying":

"HMV is a national institution that has been a feature of our high streets for over 90 years, so this news is deeply worrying. 

"For the sake of HMV's employees, we hope a way can be found to keep the business going - the demise of this national institution would be a sad loss to British retail."

HMV traces its roots back to 1921, when Sir Edward Elgar, the renowned composer and conductor, opened its first store on London's Oxford Street.

Retail insiders said Deloitte is likely to be "inundated" with offers for parts of HMV's business, including its brand, but said it was unlikely that any buyer would emerge for the whole business.


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Jaguar Land Rover Creates New Jobs As Sales Surge

Written By Unknown on Senin, 14 Januari 2013 | 14.47

Jaguar Land Rover is to create 800 new UK jobs in what the Government has described as "a welcome boost" for the car industry.

It comes as the Indian-owned, but British-based car maker, reported record global sales, and follows news last week that Japanese car maker Honda is to slash 800 jobs at its Swindon factory.

Jaguar Land Rover said the jobs, at its Solihull plant in the West Midlands, where it has already invested £370m, would support the introduction of new models this year.

More than 200 of the new West Midlands roles would be supported by the Government's regional growth fund, which recently award the business £8m, the car maker said.

Jaguar Land Rover said global sales had leapt 30% in 2012, when it sold 357,773 vehicles.

The group said China was now its biggest market and had seen a 70% jump in sales last year.

The car maker announced last year it would start manufacturing vehicles in China for the first time, after agreeing a £1bn joint-venture with Chinese car maker Chery.

It said Land Rover sales grew 36% globally, with the top five markets in China, the UK, US, Russia and Italy, while Jaguar sales were up 6%.

Jaguar Land Rover has taken on 8,000 people in the last two years, and now employs 25,000 people around the world.

The 1,000,000th Land Rover Discovery (Centre) arrives on stage at the Jaguar Land Rover factory on February 29, 2012 in Solihull, England. The Jaguar Land Rover production line at the company's Solihull plant

Production started at Jaguar Land Rover's Solihull plant in 1948. The site covers 300-acres where the Range Rover, Range Rover Sport, Land Rover Defender and Discovery are all made.

Tata bought the group from Ford in 2008, in a £1.1bn deal.

Responding to the announcement, Business Secretary Vince Cable said: "Jaguar Land Rover's creation of 800 new jobs in Solihull to support new product development is a welcome boost for the UK automotive industry.

"The company's investment of £2bn this year and 8,000 new jobs over the last two years shows how JLR goes from strength to strength.

"With support from the Government's Regional Growth Fund, it's a clear demonstration of where the Government working in partnership with the private sector can make a real difference to the UK economy."

Unite's assistant general secretary Tony Burke said: "Although the contracts are for one year, we hope that we can convert them into well paid, permanent jobs in the future. The Evoque is a very successful export leader so there is no reason why that can't happen in the future.

"The workforce at Solihull are highly skilled and have made a massive contribution to the success of the company here in the UK."


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TweetDeck: Twitter's UK Firm Risks Closure

By Pete Norman, Sky News Online

One of Twitter's UK companies is at risk of being struck off over repeated failure to file accounts with the business regulator, Sky News can reveal.

The firm under scrutiny, TweetDeck Ltd, has been fined for a second time after missing deadlines in September and December last year.

A Companies House spokesperson told Sky News: "This is a non-compliance issue and a compulsory strike-off action has commenced.

"TweetDeck is still yet to file. That means they have 99 days to file up-to-date accounts or face being dissolved and struck-off the register."

HM Revenue and Customs (HMRC) will also gain access to details of the filing failure.

The chief executive officer of Twitter, Dick Costolo Twitter Inc's CEO Dick Costolo is also a director of its two UK companies

Twitter declined to comment when contacted by Sky News about the position of its UK business.

TweetDeck is used by Twitter "power users" and helps integrate the programme with Facebook and other social media applications.

It was originally due to file annual business accounts no later than September 30 last year, however it failed to do so and incurred a nominal £375 penalty at that time.

But because it did not file accounts by the second cut-off of December 31 it has been hit with a second, automatic £375 penalty.

If the accounts are not filed shortly TweetDeck may be fined a total of £1,500, and be subject to debt recovery procedures and court action.

Details of the "proposal to strike off" were sent from the Cardiff-based business regulator to the London Gazette and are due to be published on Tuesday.

The London Gazette is the official Government journal of record and it allows the Tax Office, creditors or other interested parties to know of TweetDeck's position.

Details of the company on the Companies House website TweetDeck was supposed to file accounts with Companies House last September

The Companies House annual returns are used by businesses as a basis for tax filings with HMRC, but there is no suggestion TweetDeck has avoided any tax liability.

TweetDeck was started by Sheffield-educated computer programmer Iain Dodsworth in 2008 and sold to Twitter Inc in May 2011 for an estimated £25m.

The San Francisco microblogging giant controls its UK operations through a Dublin-based parent firm, Twitter International Company.

Three American Twitter Inc executives are directors of Twitter UK Ltd - chief operating office Ali Rowghani, chief executive Dick Costolo and general counsel Alex Macgillivray.

But only Mr Costolo and Mr Macgillivray are directors of TweetDeck. Mr Macgillivray is company secretary for both UK firms and head of corporate development at Twitter Inc.

TweetDeck's directors are now in the unenviable position of being part of the 0.9% of firms that fail to abide by regulations controlling UK businesses.

According to Companies House, more than 2.7 million firms are actively registered and 99.1% are up to date in their filings.

homepage of the microblogging website Twitter Twitter has expanded rapidly and sought to increase its use by celebrities

On December 10, Sky News revealed that both TweetDeck and Twitter UK had failed to file accounts by the pre-penalty due date of September 30.

Three days after the revelations Mr Rowghani signed annual abbreviated accounts for Twitter UK.

Those accounts were made public last week but only dealt with Twitter UK - not TweetDeck - between June 1 and December 31, 2011 and showed a profit of £16,500 on a total income of £484,723.

The filed documents showed Twitter UK accounts were audited by PwC and signed by a Dublin senior statutory auditor on December 17.

However no TweetDeck business accounts have been lodged with Companies House since Mr Dodsworth resigned in July, 2011.

Corporate solicitor Maung Aye, of Mackrell Turner Garrett, told Sky News: "It is particularly important for globally recognised companies to ensure that members of their group comply with any requisite filing deadlines set by the Companies Act 2006 and any other relevant legislation, to the extent it applies to them.

"What can be perceived by the directors as a relatively minor issue such as the late filing of a company's accounts, can potentially have very serious consequences including the directors of the offending company being prosecuted and ending up with a criminal record and the company being subject to a fine.

"Ultimately, the Registrar of Companies has the power to strike a company off the register if he believes it is no longer in business."

Companies House is also explicit in the duties expected of directors, whether they are Britons or foreigners.

Iain Macgillivray (r), the US-based company secretary of Twitter UK Ltd US-based director Alexander Macgillivray heads Twitter's trust department

"As an officer of your company, you are personally responsible for ensuring that you deliver your accounts and reports before the time allowed runs out," the business regulator explains on its website.

Twitter has recently prepared for an expansion of staff in its London and Dublin offices as it builds a multinational advertising sales team.

Plans include increasing revenue by "self-serve" credit card payments for advertisers, a system to root out spam adverts, and a programme to translate tweet feeds into more than 28 languages.

It is also creating a "media partnerships" team in Britain to cultivate wider use of Twitter by celebrities including "athletes, actors, comedians, musicians, etc".

Corporate insiders believe the speed of expansion of Twitter and a lack of communication between professional and legal advisers have played a part in its British business filing blunders.

Forbes magazine recently reported that Twitter is moving towards a public flotation in 2014 and could be worth more than $11bn (£6.8bn) to investors if it successfully monetises social media without disenfranchising users.

But it risks further harm if it fails to improve external perception of internal structures.

"This could mean a public relations disaster for the global brand with the adverse publicity it would inevitably receive," Mr Aye said.

"Shareholders and investors would certainly feel very uncomfortable by the thought that their company does not seem to be getting these basic requirements right."


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State Pensions Plan To End 'Shameful System'

A radical shake-up of state pensions is to be unveiled by the Government today amid warnings from unions that it will be little more than a "con trick".

The coalition's proposals include a single flat rate state pension, equivalent to around £144 in today's money, to be introduced for new pensioners from 2017 in a bid to simplify the system.

Ministers say the reform will create a simple flat rate pension set above the means test (currently £142.70) and based on 35 years of National Insurance contributions.

They claim the plans will "hugely benefit" women, low earners and the self employed, who under existing rules find it almost impossible to earn a full state pension.

Around six million workers will face higher national insurance payments in future as the practice of "contracting out" the state second pension to employers is ended.

Those affected are expected to include more than a million private sector staff enrolled in final salary schemes, and an estimated five million public sector workers.

Secretary of State for Work and Pensions, Iain Duncan Smith, said: "This reform is good news for women who for too long have been effectively punished by the current system.

"The Single Tier will mean that more women can get a full state pension in their own right, and stop this shameful situation where they are let down by the system when it comes to retirement because they have taken time out to care for their family."

Pensions Minister Steve Webb MP Steve Webb says the new system will provide a better platform for saving

Pensions Minister Steve Webb said: "The current state pension system is too complicated and leaves millions of people needing means-tested top-ups. We can do better.

"Our simple, single tier pension will provide a decent, solid foundation for new pensioners in an otherwise less certain world, ensuring it pays to save."

But the GMB union said there could be "very serious consequences" which could affect an agreement on public sector pensions.

Brian Strutton, national officer of the GMB, said: "That is the increase in National Insurance contributions that employers and employees in defined benefit pension schemes will have to pay.

"For employers that is 3.4% of the NI ranking earnings and for the six million employees affected it will be an extra 1.4%. Most DB scheme employers and members will find this unaffordable so will need to renegotiate their schemes.

"A good example is the Local Government Pension Scheme which has just been reformed by unions and government and would face an unaffordable extra NI bill of several hundred million pounds. Just as the Treasury legislation to reform public sector pensions is going through parliament, the Department for Work and Pensions (DWP) is proposing to blow it all out of the water by completely rewriting the state and occupational pension landscape."

Demonstrators in protest march in London against pensions changes Union members have taken to the streets to oppose the pension reforms

Unions have been embroiled in a bitter dispute with the Government over its controversial public sector pension reforms, which led to a series of strikes.

An agreement was struck in local government, but unions in other areas have refused to sign up to new arrangements.

Dot Gibson, National Pensioners Convention general secretary, said: "What the Government is trying to sell is a plan for people to pay in for 35 years, get £144 a week and have to wait at least until 68 before they can collect it. No one should be taken in by what is little more than a con trick."

Shadow pensions minister Gregg McClymont said the coalition had originally suggested the reforms would be introduced in 2016.

"The chaos surrounding the Government's relaunch gets worse and worse. These pensions proposals are just half a plan yet they are still delayed by a year," he said.

"With the granny tax, this Government has already established a track-record of incompetence and secrecy so we will look at the detail, but the Government should come clean immediately and set out exactly who the losers are."


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Jessops: Camera Chain Closing All Stores

Written By Unknown on Minggu, 13 Januari 2013 | 14.47

Camera retailer Jessops is clearing stock from its stores after administrators announced it was unable to continue trading.

PricewaterhouseCoopers (PwC), which was appointed to the group on Wednesday, has begun the process of shutting the firm's entire network of 187 stores with the loss of 1,370 jobs

The administrators said further job losses are likely at the group's head office in Leicester.

Jessops is the first high-profile retail casualty of 2013, after suffering from online competition and a boom in camera phones in recent years hitting demand for digital cameras.

Administrator Rob Hunt said PwC had held "extensive discussions" with suppliers, but it was apparent that Jessops could not continue to trade.

A sign on the door of a Jessops camera shop in Birmingham informing customers that it is now closed A sign on the door of a Jessops shop in Birmingham

He said stock would be collected from the shops and taken to a warehouse, where it would be returned to suppliers.

As a result of the closure of the shops, Mr Hunt added that customers would not be able to return products.

Jessops was forced to call in the administrators this week after talks between the company and its lender and suppliers broke down following a poor Christmas.

Jessops had struggled since 2007, when it underwent a major overhaul with a swathe of store closures.

It came close to collapse two years later, before being rescued by its main lender HSBC in a controversial debt-for-equity swap that saw it taken off the stock market.

The camera giant's collapse comes after consumer electricals chain Comet hit the wall last year, sparking more than 6,000 job losses.

There was speculation that suppliers such as Canon were considering injecting cash into Jessops last year to help prop the business up, but no deal materialised.

The group last year also suffered the loss of its chief executive Trevor Moore, who left to head up HMV, as well as its chairman David Adams.

Martyn Everett was then appointed as chairman and Neil Old was promoted to lead the business as chief operating officer.

The firm began life in 1935 when Frank Jessop opened his first shop in Leicester.

Mr Hunt added that it was "an extremely sad day for Jessops and its employees".


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David Cameron Faces Party Battle Over Europe

David Cameron is facing a challenge to hold his party together as battle lines are drawn over Europe.

With just over a week until the Prime Minister's key speech on Britain's relationship with the EU, Tory Europhiles have launched a fight-back against demands for an in-out referendum.

Cabinet minister Ken Clarke will share a platform with Labour peer Lord Mandelson later this month to stress the benefits of remaining in the union.

The move comes after fellow Conservative Lord Heseltine warned that the economy would suffer if Mr Cameron took a "punt" and committed to a national poll on membership.

Around 20 Tory MPs have also apparently signed a letter, due to be published this week, warning of "massive damage" if the UK leaves the EU.

Rumours have been circulating that Downing Street has given tacit approval to efforts to highlight the dangers of an exit.

In an unusual intervention last week, senior US diplomat Philip Gordon openly stated that America wanted Britain to remain in the EU.

Prominent business figures including Sir Richard Branson and PR guru Roland Rudd have also spoken out about the potentially dire consequences of severing ties.

Sources told the Mail on Sunday (MoS) that Mr Cameron believes it is "mad" to think that Britain can go it alone.

Michael Heseltine Michael Heseltine says the economy will suffer if a referendum is called

And Tory backbencher Robert Buckland, who has organised the pro-membership letter, said he had been informed that Number 10 regarded his efforts as "helpful".

"There is a silent majority out there who do not want Britain to leave the EU," he told the MoS.

"The danger for the Tories is that because the right-wing Eurosceptics are making the most noise, we could slide towards the exit door of the EU."

Mr Buckland added: "I have been told No 10 views my efforts as being helpful. The Prime Minister is a Eurorealist. He wants us to stay in the EU while having a debate about the terms of our membership, but it must not be used as a Trojan horse to get us to leave."

According to the Observer, Mr Clarke and Lord Mandelson are spearheading a new organisation, the Centre for British Influence through Europe.

The group, due to launch at the end of the month, will apparently support a cross-party "patriotic fightback for British leadership in Europe".

However, Tory Eurosceptics are determined to maintain pressure on Mr Cameron, buoyed by Chancellor George Osborne's recent comments that the UK can only stay in the EU if it changes.


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Insurers To Claw Back Cost Of UK Floods

By Isabel Webster, West Of England Correspondent

The clean-up from the 2012 floods is expected to cost insurers over £1bn and push premiums up for a fourth consecutive year.

Eight thousand properties were flooded last year, according to the Environment Agency, as flooding remains Britain's greatest risk.

Residents and business owners in the town of Braunton in Devon experienced flash floods in the days before Christmas.

Pub landlord Mark Ridge, from the London Inn, is expecting to claim in excess of £160,000.

He had initially thought the damage could be repaired in a fortnight but has now been told he will have to close until Easter.

"It soon became apparent that it was a rip-out job, strip the whole pub, and get the insurances involved," said Mr Ridge.

Flood damagad London Inn The flood-damaged London Inn in Braunton

"That's everything from the buildings, to contents, stock, loss of earnings, staff wages have to be claimed for as well. All of which we have to pay for first and then claim back - so it's not an easy task."

Four of the top five wettest years on record have been since the year 2000 which is putting pressure on the Government and insurers to renew their 10-year deal to provide universal cover for all homes, including those in flood prone areas.

Mohammad Khan, a partner at PricewaterhouseCoopers (PwC), said: "The weather events of 2012 have dented insurers' profits and will probably lead to renewal premiums rising by up to 5% for those unaffected by the floods and by up to 50% for those flooded.

"The UK floods therefore, have also brought into sharp focus the current standoff between the insurance industry and the Government on the renewal of the Flood Principles - agreement needs to be reached in 2013."

The negotiations over continued cover from insurers, in return from assurances from the Government including the managing of flood risks and robust planning controls, will continue until June.

UK weather Last year's flooding is expected to push up insurance premiums

Matt Cullen, from the Association of British Insurers, warned: "We've calculated following some extensive research that if we don't reach agreement with the Government over what replaces the Statement of Principles then around 200,000 homes in flood-proned areas could struggle to access cover."

But the Government has played down the likelihood of such a situation.

A Defra spokesperson said: "We want to find a lasting solution that secures the affordability and availability of flood insurance for the first time, without placing unsustainable costs on wider policyholders or taxpayers.

"Our primary role is to prevent flooding in the first place. We are on course to spend £2.3bn on preventing flooding and coastal erosion over this four-year period."

PwC said it estimates the cost of the floods to the insurance industry in 2012 to now add up to around £1bn.


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