LONDON (Reuters) – “Everyone here hates the Olympics,” says the graffiti spray-painted on the wall of a derelict peanut factory just outside London’s glitzy new Olympic stadium.

Tucked away in one of London’s roughest neighborhoods, the crumbling factory is long out of use, having been taken over by a motley crew of artists, musicians and circus performers united by their disdain for the 2012 Olympic Games.

LONDON (Reuters) – “Everyone here hates the Olympics,” says the graffiti spray-painted on the wall of a derelict peanut factory just outside London’s glitzy new Olympic stadium.

Tucked away in one of London’s roughest neighbourhoods, the crumbling factory is long out of use, having been taken over by a motley crew of artists, musicians and circus performers united by their disdain for the 2012 Olympic Games.

LONDON, July 26 (Reuters) – “Everyone here hates the
Olympics,” says the graffiti spray-painted on the wall of a
derelict peanut factory just outside London’s glitzy new Olympic
stadium.

Tucked away in one of London’s roughest neighbourhoods, the
crumbling factory is long out of use, having been taken over by
a motley crew of artists, musicians and circus performers united
by their disdain for the 2012 Olympic Games.

LONDON (Reuters) – Recession in southern Europe and retrenchment in the financial services sector hit British telecoms firm BT (BT.L: Quote, Profile, Research) in the first quarter of its financial year, leading it to miss revenue forecasts and sending its shares tumbling on Wednesday.

Britain’s biggest fixed-line telecoms company had to rely on deep cost cuts to lift core earnings 2 percent after a poor performance at its corporate division sent overall revenues down 6 percent in the three months ended June.

LONDON (Reuters) – Prime Minister David Cameron’s ex-media chief and Rupert Murdoch’s former UK newspaper boss are to be charged with phone-hacking offences in the most significant development in a scandal that has rocked Britain’s establishment.

Prosecutors said on Tuesday that Andy Coulson, Cameron’s communications director for four years until 2011, and Rebekah Brooks, who oversaw Murdoch’s News International, would face charges of conspiracy to intercept communications.

LONDON (Reuters) – Prime Minister David Cameron’s ex-media chief and Rupert Murdoch’s former UK newspaper boss are to be charged with phone-hacking offences in the most significant development in a scandal that has rocked Britain’s establishment.

Prosecutors said on Tuesday that Andy Coulson, Cameron’s communications director for four years until 2011, and Rebekah Brooks, who oversaw Murdoch’s News International, would face charges of conspiracy to intercept communications.

LONDON, July 24 (Reuters) – Strong demand for superfast
broadband and the connected TV service TiVo lifted Virgin
Media’s first half results on Tuesday, boosting cash
flow and masking an overall loss of customers in the
traditionally quiet second quarter.

Virgin, which provides broadband, TV and telephony services,
has been helped since the start of the financial year by the
high-profile ad campaign fronted by Usain Bolt, the face of the
London Olympics.

LONDON, July 21 (Reuters) – News Corp’s Rupert
Murdoch has stepped down from a string of boards overseeing the
Sun, Times and Sunday Times newspapers in Britain, the company
said in an internal memo on Saturday.

The company described the news as a “corporate housecleaning
exercise” linked to the announcement in June that News Corp
would split into two separate companies: a smaller publishing
division and a much larger entertainment and TV group.

LONDON (Reuters) – The International Olympic Committee will sail in to uncharted waters next week when the Games open in London, at the mercy of the millions of fans around the world on Facebook and Twitter who will give instant reaction to everything that unfolds.

The explosion of social networking offers huge opportunities to the IOC, but with much of its revenues dependent on the billion-dollar deals agreed with broadcasters, the body overseeing the Games will also have to protect those long-held rights.

LONDON, July 20 (Reuters) – The International Olympic
Committee will sail in to uncharted waters next week when the
Games open in London, at the mercy of the millions of fans
around the world on Facebook and Twitter who will give instant
reaction to everything that unfolds.

The explosion of social networking offers huge opportunities
to the IOC, but with much of its revenues dependent on the
billion-dollar deals agreed with broadcasters, the body
overseeing the Games will also have to protect those long-held
rights.