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UK News from Times Online
UK News from Times Online

IMF warns that markets could collapse by another 20% The world is on the brink of financial meltdown, the head of the International Monetary Fund (IMF) said last night. His bleak warning came as finance ministers tried to calm the frenzy in markets that saw share prices crash by more than 20% last week. Secret papers reveal Tony Blair?s F1 tobacco deal See excerpts from the documents here Afghanistan: A country locked in a spiral of doom There is something sinister about the Chinook helicopter, like a giant, dark insect bearing down from the skies to disgorge battle-weary soldiers amid clouds of hot dust. When I think about war, whether it be ones I have reported in Iraq or Afghanistan or seen in Vietnam movies such as Apocalypse Now, the soundtrack in my head is always that of the throbbing blades coming closer and closer. Lottery results Last nights Lotto draw 20 21 23 24 27 28 Bonus: 33 Peter Mandelson joins richest Russian on his superyacht Peter Mandelson gave trade concessions worth up to £50m a year to Russia?s richest man who has entertained him on his superyacht. Reaper?s grim welcome at St Pancras It was intended as a landmark to rival the Statue of Liberty. But when a 30ft bronze sculpture of a couple embracing was unveiled at London?s St Pancras International station last year, critics put in the boot. In brief: Friendly fire charge; independent schools; Scarlett Keeling Captain faces ?friendly fire? charge Councils invested £100m in Iceland despite warnings Local authorities poured almost £100m into Icelandic banks for nine months after being warned about the risks of investing in them. Losing my religion in the aisles of the new cathedral of consumerism I am standing on a ledge gazing down at the innards of the new Westfield shopping centre in west London. Outside, in the real world, Iceland is suddenly poorer than Africa. Inside, they are preparing for the ultimate shopping experience. Correction: The wrong voice for Muslim Britain An opinion piece (The wrong voice for Muslim Britain, News Review, August 5, 2007) stated that Hizb ut-Tahrir (HuT) wants to set up a caliphate in Britain, that it had allowed comments on its website describing the Glasgow airport and Haymarket bomb attacks as a ?welcoming treat for the newly formed Brown cabinet?, and that Mohammed Babar, Abu Musab al-Zarqawi and Khalid Sheikh Mohammed were members of HuT. In fact, HuT?s publications only call for the reestablishment of the caliphate in the Muslim world and we accept that there were no such comments about the bomb attacks on its website. HuT has always denied that Babar, al-Zarqawi and Mohammed were members of HuT. Talking points Is it wrong to have sex with a pupil? Taliban leader killed by SAS was Pakistan officer British officials covered up evidence that a Taliban commander killed by special forces in Helmand last year was in fact a Pakistani military officer, according to highly placed Afghan officials. That's no old FT, that's my naked wife Vanity is not yet dead in the City. Financiers have been commissioning nude portraits of their wives made from collages of newspaper clippings telling the stories of their own financial conquests. Ministers to ban free drinks for women Bars are to be banned from offering free alcohol to women and free wine and beer tastings will be curbed under a new system of government restrictions to cut public drunkenness. Gordon Brown gambles it all on rescue plan As Gordon Brown patted himself on the back for saving the British banking system last week, Neil Parkin stood in the chilly wind outside his bungalow near Barnstaple in Devon and wondered who was going to save him.

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