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Oct 23, 2012

BBC chief denies sex scandal cover-up

LONDON (Reuters) – The head of the BBC denied on Tuesday helping to cover up a sex scandal involving one of its former stars but accepted the British broadcaster had been damaged by a crisis that has shaken public trust in a national institution.

George Entwistle, who only took charge at the 90-year-old media organisation in August, told hostile lawmakers that failures at the BBC had allowed Jimmy Savile, once one of Britain’s top TV presenters, to prey on young girls for years.

Oct 23, 2012

BBC chief says sex abuse claims “very grave”

LONDON (Reuters) – The head of Britain’s BBC told hostile lawmakers on Tuesday that allegations of sexual abuse against one of its former stars were a grave matter but denied bosses had tried to cover up one of the biggest crises to hit the publicly funded broadcaster.

“This is a gravely serious matter and one cannot look back at it with anything other than horror,” General Director George Entwistle told lawmakers on parliament’s Culture and Media Committee.

Oct 22, 2012

BBC chief to face MPs over sex abuse scandal

LONDON (Reuters) – The head of the BBC goes before MPs on Tuesday with the publicly funded British broadcaster facing one of the biggest crises in its history over accusations it pulled a probe into sexual abuse by a former presenter as part of a wider cover-up.

George Entwistle, who only took charge at the 90-year-old media organisation in August, will appear before parliament’s Culture Committee the day after Prime Minister David Cameron said the BBC had serious questions to answer.

Oct 22, 2012

BBC chief to face lawmakers over sex abuse scandal

LONDON, Oct 23 (Reuters) – The head of the BBC goes before
lawmakers on Tuesday with the publicly funded British
broadcaster facing one of the biggest crises in its history over
accusations it pulled a probe into sexual abuse by a former
presenter as part of a wider cover-up.

George Entwistle, who only took charge at the 90-year-old
media organisation in August, will appear before parliament’s
Culture Committee the day after Prime Minister David Cameron
said the BBC had serious questions to answer.

Oct 22, 2012

BBC crisis deepens as UK’s Cameron demands answers

LONDON, Oct 22 (Reuters) – Pressure on the BBC to address
allegations its bosses covered up sexual abuse claims levelled
at one of its former TV stars mounted on Monday after British
Prime Minister David Cameron said the broadcaster had serious
questions to answer.

The premier’s intervention came as the editor of the
internationally renowned media organisation’s flagship
“Newsnight” show stepped aside after admitting he had given an
“inaccurate” account of why the BBC had axed its own expose of
the alleged abuse of underage girls by the late Jimmy Savile.

Oct 19, 2012

UK minister Mitchell quits over “pleb” police outburst

LONDON, Oct 19 (Reuters) – British minister Andrew Mitchell
resigned on Friday after failing to shake off accusations he
called police “plebs”, an insult laden with snobbery that
fuelled perceptions Prime Minister David Cameron’s government is
out of touch with voters.

Mitchell, the “Chief Whip” responsible for keeping
discipline among lawmakers in Cameron’s Conservative Party,
denied using the offending word but admitted swearing at
officers after being told to get off his bicycle as he left
Downing Street last month.

Oct 19, 2012

Thousands expected at anti-austerity protest in London

LONDON (Reuters) – Tens of thousands are expected to march through London on Saturday in what is likely to be the largest demonstration in Britain this year against government austerity measures.

Prime Minister David Cameron’s push to reduce one of Europe’s biggest deficits has drawn howls of protest, with critics arguing that austerity is not working and calling for urgent measures to stimulate growth.

Oct 18, 2012

Britain turns to “X-Box” generation code-breakers

LONDON (Reuters) – At the secluded country house where the country’s top computer scientists cracked the “unbreakable” Nazi Enigma code, a key factor in victory in World War Two, Britain has begun a hunt to find new cyber spies from the “X-Box” generation.

Foreign Secretary William Hague said the government was looking for up to 100 apprentices for Britain’s intelligence agencies to emulate the men and women who worked at Bletchley Park, the former code-breaking center just north of London and once the most secret place in Britain.

Oct 16, 2012

UBS tells court checks flawed at time of alleged rogue trades

LONDON (Reuters) – There were flaws in control systems at UBS at the time accused fraudster Kweku Adoboli racked up losses of $2.3 billion (1.4 billion pounds) through unauthorised trades, the head of global risk at the Swiss bank told a London court on Tuesday.

Colin Bell, global head of operational risk control at UBS, said the overall system of checks was sound but some parts of it had not operated as they should have done, partly due to human error.

Oct 16, 2012

UBS checks flawed at time of alleged rogue trades, UK court told

LONDON, Oct 16 (Reuters) – There were flaws in control
systems at UBS at the time accused fraudster Kweku
Adoboli racked up losses of $2.3 billion through unauthorised
trades, the head of global risk at the Swiss bank told a London
court on Tuesday.

Colin Bell, global head of operational risk control at UBS,
said the overall system of checks was sound but some parts of it
had not operated as they should have done, partly due to human
error.