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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.

Oct 12, 2012

UK launches biggest probe into police over Hillsborough

LONDON (Reuters) – The largest independent probe into British police was launched on Friday to examine potential criminal actions by officers involved in the 1989 Hillsborough soccer disaster in which 96 spectators died after a crowd crush in the stadium.

Serving and former officers, including those in senior positions, could face charges or misconduct proceedings for failings and cover-ups over Britain’s worst sporting disaster, the Independent Police Complaints Commission (IPCC) said.

Oct 12, 2012

Britain launches biggest probe into police over Hillsborough

LONDON (Reuters) – The largest independent probe into British police was launched on Friday to examine potential criminal actions by officers involved in the 1989 Hillsborough football disaster in which 96 spectators died after a crowd crush in the stadium.

Serving and former officers, including those in senior positions, could face charges or misconduct proceedings for failings and cover-ups over Britain’s worst sporting disaster, the Independent Police Complaints Commission (IPCC) said.

Oct 12, 2012

Soccer-UK launches biggest probe into police over Hillsborough

LONDON, Oct 12 (Reuters) – The largest independent probe into British police was launched on Friday to examine potential criminal actions by officers involved in the 1989 Hillsborough soccer disaster in which 96 spectators died after a crowd crush in the stadium.

Serving and former officers, including those in senior positions, could face charges or misconduct proceedings for failings and cover-ups over Britain’s worst sporting disaster, the Independent Police Complaints Commission (IPCC) said.

Oct 10, 2012

UBS internal probe focused only on accused trader

LONDON, Oct 10 (Reuters) – The head of an internal UBS
probe into “rogue trader” Kweku Adoboli, accused of
losing the Swiss bank $2.3 billion, did not consider whether
others at the bank might have been involved, a London court
heard on Wednesday.

However, Ruwan Weerasekera, chief operating officer of UBS’s
investment arm, said two other independent inquiries had looked
into all aspects of the bank’s involvement and had found no
complicity among the bank’s managers.

Oct 9, 2012

Scottish to vote on independence in 2014: minister

LONDON (Reuters) – Scotland will hold a vote in 2014 on independence in what could result in the eventual breakup of Britain, a British government minister said on Tuesday.

The announcement ended months of stalemate between the Westminster government in London and the Scottish devolved administration in Edinburgh.

Oct 9, 2012

Jimmy Savile may have abused girls over four decades

LONDON (Reuters) – Jimmy Savile, the late BBC TV star at the centre of a child sex scandal that has shaken Britain’s state-funded broadcaster, may have abused up to 25 victims some as young as 13 over four decades, police said on Tuesday.

Detectives said they were looking into 120 lines of inquiry about Savile, the eccentric children’s presenter who was a British household name for both his TV and charity work, since allegations against him were first aired just over a week ago.

Oct 9, 2012

BBC star may have abused girls over four decades

LONDON, Oct 9 (Reuters) – Jimmy Savile, the late BBC TV star
at the centre of a child sex scandal that has shaken Britain’s
state-funded broadcaster, may have abused up to 25 victims some
as young as 13 over four decades, police said on Tuesday.

Detectives said they were looking into 120 lines of inquiry
about Savile, the eccentric children’s presenter who was a
British household name for both his TV and charity work, since
allegations against him were first aired just over a week ago.