LONDON (Reuters) – A British trader accused by U.S. authorities of an illegal role in the May 2010 Wall Street “flash crash” was granted bail by a London court on Wednesday after saying he opposed being extradited to the United States to face trial.
The flash crash saw the Dow Jones Industrial Average plunge more than 1,000 points in a day, briefly wiping out nearly $1 trillion in market value before partially recovering later.
LONDON (Reuters) – A British futures trader accused by U.S. authorities of an illegal role in the Wall Street “flash crash” that briefly wiped out nearly $1 trillion in market value five years ago, told a London court on Wednesday he opposed being extradited to the United States.
The U.S. Justice Department said on Tuesday it had criminally charged Navinder Singh Sarao, 36, of west London, with wire fraud, commodities fraud and manipulation. He is wanted for trial in Illinois.
LONDON (Reuters) – British prosecutors said on Thursday an ageing member of the House of Lords would not face charges over serious allegations of historical child sex crimes because he was too ill, leading to criticism by police and accusations of an establishment cover-up from campaigners.
The decision comes at a time Britain is holding a major inquiry into allegations of decades of abuse by high-profile figures including politicians.
LONDON (Reuters) – The newest member of Britain’s royal family, due to make an entrance this month when Prince William’s wife Kate gives birth to the couple’s second baby, will be taking on one of royalty’s toughest roles — life as “spare to the heir”.
Unlike brother George, born 21 months ago and expected one day to be monarch, the younger offspring’s future is less clear.
LONDON, April 8 (Reuters) – If Prime Minister David Cameron
forms Britain’s next government after the tightest election in a
generation, it will not just be the Conservative Party leader
who will be smiling. Scott Moorhead will be laughing all the way
to the bank.
As part of a record 100 million pounds ($148 million)
expected to be gambled on the British election, Moorhead stands
to win 250 pounds on a 500 pound bet that the Conservatives will
win most parliamentary seats in the May 7 election.
LONDON (Reuters) – British police were hunting for a gang on Wednesday who raided safety deposit boxes in London’s major jewelery business district, making off with cash and gems in what local media said could be the country’s biggest-ever heist.
The Metropolitan Police said the thieves used heavy cutting equipment to get into the vault at the officially unnamed deposit business in Hatton Garden, home to almost 300 diamond, gold and gem dealers and more than 50 shops, where they broke into the safety boxes.
LEICESTER, England (Reuters) – Richard III, the last English king to die in battle whose remains were found under a car park three years ago, was reburied on Thursday in a ceremony the current queen said was of “great international significance”.
Depicted by Shakespeare as a sadistic, crafty hunchback, Richard was re-interred at Leicester Cathedral in central England some 530 years after he was slain at the Battle of Bosworth Field on Aug. 22, 1485.
LONDON (Reuters) – Richard III, the last English king to die in battle and the country’s most maligned monarch, will be re-buried on Thursday three years after his remains were found under a car park.
Depicted by Shakespeare as a sadistic, crafty hunchback, Richard will be re-interred at Leicester Cathedral in central England some 530 years after he was slain at the Battle of Bosworth Field on Aug. 22, 1485.
Britain will introduce measures to counter Islamist extremism, including an investigation into Sharia courts and a crackdown on incendiary preachers, if Prime Minister David Cameron’s Conservatives win May’s election, Home Secretary Theresa May said on Monday.
LONDON, March 20 (Reuters) – Britain’s top court will rule
next week whether “frank” letters sent by Prince Charles to
government ministers should be made public, potentially
embarrassing the heir-to-the-throne and raising the contentious
issue of royal interference in politics.
For years, the Guardian newspaper has sought access to 27
letters written by Charles to members of ex-Prime Minister Tony
Blair’s Labour government between 2004 and 2005 under the
country’s freedom of information laws.