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Sunday 1 January 2012

UK Financial News on 2012-01-01

Knighthoods for business leaders
Glaxo Smith Kline boss Andrew Witty and ex Tesco chairman David Reid are knighted, as ex-convict Gerald Ronson gets a CBE.....

VIDEO: From City worker to relief worker
One British man, Jamie El Banna, describes how he set up a relief centre in Japan following the country's devastating earthquake and tsunami in March 2011......

Greeks fear tough 2012
Jan 1 - Greeks fear 2012 will be even worse than 2011 as their debt-laden country enters its fifth year of recession. Nick Rowlands reports......

Stock market forecasts for 2012
Dec 30 - Analysts look into their crystal balls for a 2012 forecast. Investors have more of the same to consider in 2012 including recession worries and the eurozone debt crisis. Jill Bennett reports......

Miley Cyrus New Years Resolution
Disneys Queen, Miley Cyrus, has announced her New Years Resolution: To finally quit smoking. The question here is can Miley really do it?.....

Beyonce Gives Birth to Tiana May Carter? Mom, Sister Seen Leaving New York Store
Has Beyonce given birth to a daughter? And is the baby girl&s name Tiana May Carter? Those are the questions on the mind of her fans. The appearance of Beyonc&s mother, Tina, 57, sister Solange, 25, in New York last week didn&t do much to quash the r.....

Boat Capsizes off Lamu in Kenya, at Least 7 Dead
At least seven people died when a boat carrying dozens of passengers capsized after hitting another vessel off the Kenyan island of Lamu on Sunday evening, the Kenya Red Cross said......

iOS Jailbreak: iPad Apps Running on Apple TV (VIDEO)
The developers of the Apple TV MobileX project have just released a new, longer, more in-depth video explaining a jailbroken Apple TV running iOS apps running at 720p resolution......

2012 Calendar: 10 Dates to Remember This Year
Although some believe the world will come to an end in 2012, there are still many other important dates and events to take note of this year......

'500 Days of Summer Stars' Serenade with What Are You Doing New Years Eve? [VIDEO]
A viral video came out yesterday causing a lot of hype about a movie promotion with New Girl star Zooey Deschanel and her co-star from 500 Days of Summer Joseph Gordon-Levitt......

Rihanna and Chris Brown, Ready To Take Another Shot At Love?
It was one of the most explosive break-ups of 2009, but Rihanna and Chris Brown may be ready to put the past behind them and rekindle their romance......

NFL Update: Colts Secure No. 1 Draft Pick with 'Luck' of Loss
This season has been one to forget for the NFL&s Indianapolis Colts in most respects. The team started the season for the first time in more than a decade without quarterback Peyton Manning, suffering from a neck injury. It was all downhill from ther.....

Russell Brand Becomes The One That Got Away: Files Divorce from Katy Perry
Hollywoods Kooky Couple is no more. So all the rumors back in July were true then? Russell Brand bids Katy Perry goodbye......

One Happy Family: Justin Bieber Tweets Family Photos
Days after Justin Biebers grandparents car crash, Justin tweets family photos proving that family is this young celebritys top priority......

U.S. to Push $30B Combat Plane Sales to Saudi Arabia
U.S. President Barack Obama confirmed on Thursday the sale of new F-15SA combat planes to the Kingdom of Saudi Arabia, amounting some $30 billion will push through......

Australian Business Leaders Sound Alarm on Euro, Domestic Economy
The ongoing financial distress happening in Europe prompted business leaders on Thursday to call on the federal government to introduce more supportive measures that would safeguard the health of the Australian economy......

ATF Agent Killed in Pharmacy Robbery Getting Dad's Cancer Meds, Dead Suspect Identified as James McGoey
The Seaford pharmacy&s alleged robber, whose crime led to the death of an off-duty law officer, has been identified by Nassau Country police as 43-year-old James McGoey, a resident of Long Island, according to an AP report......

LeBron James Engaged to Girlfriend Savannah Brinson
LeBron proposed on Saturday......

At Least 7 Killed in Boat Collision off Kenya Coast
At least seven people died Sunday evening when a boat carrying dozens of passengers capsized after hitting another vessel off the Kenyan island of Lamu, the Kenya Red Cross said......

Argentina Governor Shot in Head, Killed; Wife Questioned
Gov. Soria and his wife, Susana, were reportedly in their bedroom early Sunday after spending New Year&s Eve at their home in General Roca, according to authorities. Emergency personnel received a call and arrived at the home just before 5 a.m., loca.....

U.S. Consumer in the Slow Lane; Look Elsewhere for a Spur to Growth
It&s up to the consumer to drive the U.S. economy and lift world growth in 2012, and the outlook is far from encouraging......

Iowa Countdown: With 2 Days to Go, GOP Rivals Take No Holiday
The Republican White House hopefuls launched a two-day dash to the finish in Iowa on Sunday, with front-runner Mitt Romney poised for a strong showing that could set him on the path to the nomination......

8 More Killed in Syria as Arab League Considers Withdrawing Monitors
An Arab League advisory body called for the immediate withdrawal of Arab monitors from Syria, where eight more people were reported killed on Sunday, saying their mission was allowing Damascus to cover up unabated violence and abuses......

Gunmen Attack Bars in Northeast Kenya, 5 Dead
Gunmen sprayed bullets at New Year&s revelers in two bars in northeastern Kenya Sunday, killing five people, a witness and police said, the latest in a wave of attacks near the border with Somalia......

Yearly Trading Update (2011)
THE BIG PICTURE You need a clear, regular method thats the difference. Only then do you have a feeling for the market that helps you survive. Everything else is analogous to the spawning behavior of salmon which swim against the tide in their quest .....

Funeral of Bahrain Youth Turns into Street Protest
Bahraini police fired tear gas and sound grenades after hundreds of Shi&ite youths demonstrated on Sunday against the death of a 15-year-old protester a day earlier in the Sunni-ruled Gulf island kingdom, residents and activists said......

Crisis and Austerity Mark Euro's 10th Anniversary
Policymakers marked the 10th anniversary Sunday of the introduction of euro notes and coins by urging governments in the currency bloc to save and consolidate to overcome their debt crisis......

Rose Parade 2012: When, How and Where to Watch the Pasadena Parade
The 123rd Rose Parade will start off the new year on a fun note at 8 a.m. PT (11 a.m. ET) on Jan. 2, live from Pasadena, Calif. The 2012 parade theme is 'Just Imagine.'.....

Who is Savannah Brinson? LeBron James Engaged to Longtime Girlfriend
Savannah Brinson is one lucky lady. Basketball superstar LeBron James proposed to Brinson, his longtime girlfriend, on New Year&s Eve......

Iran Reports Nuclear Progress as Sanctions Loom
Iran announced a nuclear fuel breakthrough and test-fired a new radar-evading medium-range missile in the Gulf on Sunday, moves that could further antagonise the West at a time when Tehran is trying to avert harsh new sanctions on its oil industry......

You Thought 2011 Was Tough for Investors? Just Wait
Shaky Europe. Political gridlock. Volatile markets......

U.S. is Top 2012 Property Investment Pick
The United States will remain the top choice of most global commercial real estate investors in 2012, but the country has lost ground to Brazil which ranked No. 2 this year, according to a survey released Sunday......

Beyonc Pregnant: s About to Give Birth, Says Ryan Seacrest, as Mysterious Pregnancy Continues
Beyonc was supposed to perform at 'Dick Clark&s New Year&s Rockin Eve 2012' in New York City on Saturday night, but co-host Ryan Seacrest announced that she could not make it because 'she&s about to give birth.'......

Anastasia Vitkina to Katy Perry: Roundup of Love and Heartbreak in 2011 [PHOTOS]
There were several reports of rumored hooks ups, such as Jim Carrey and his new girlfriend, Anastasia Vitkina, and Ryan Reynolds and Blake Lively. Other rumored hookups also include Ryan Gosling and Eva Mendes and Emma Stone and Andrew Garfield. Katy.....

Drivers cut short journeys by 165 miles to beat fuel costs
The average British car driver travelled 165 miles fewer in 2011 than in the previous year because of rising petrol prices.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b6fdec7/mf.gif' border='0'/><br/&g.....

Barclays stockpiles 'losses' to soften tax obligations
Barclays has amassed a war chest of "losses" to offset against future tax payments that can almost rival those at the crippled state-backed banks, despite remaining strongly profitable.<img width='1' height='1' src='http://telegraph.feedsportal.co.....

MF Global clients accuse FSA of foot dragging
The City regulator is under growing pressure to launch a review into its handling of MF Global's UK administration amid accusations it neglected clients of the failed broker.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....

GlaxoSmithKline powers ahead with plans for wind turbines
GlaxoSmithKline is pressing ahead with plans to erect two wind turbines at its Montrose plant in the face of opposition from local residents.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b6f9712/mf.gif' border.....

How Questor's 2011 share tips fared
Questor has not exactly been covered in glory by the tips of 2011 - the performance of the shares has been worse than the market as a whole.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b6fa7b8/mf.gif' border=.....

Questor's top share tips for 2012
There is much to be concerned about, so a defensive strategy is essential.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b6f5531/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.co.....

Eurozone debt crisis: leaders warn of dangers facing economy in 2012
German Chancellor Angela Merkel and French President Nicolas Sarkozy used New Year's messages to highlight economic woe.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b6f101e/mf.gif' border='0'/><br/>&.....

2012: dates it will pay not to forget
Preparing for these five key financial dates could save you a fortune.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b6e1c15/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/.....

Ellen MacArthur: 'I saved up my dinner money for my first boat'
Ellen MacArthur broke the world record for the fastest solo circumnavigation of the globe in a yacht in 2005.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b6ce77b/mf.gif' border='0'/><br/><br/>&.....

Think Tank: the best business visions also require belief
The post-Christmas gloom offers a rare opportunity for business leaders to become an oasis of hope, to build trust and to give people something they can believe in, writes Octavius Black.<img width='1' height='1' src='http://telegraph.feedsportal......

Crispin Odey: 'horrble' 2011 has produced bargains
At the close of a tumultous twelve months on the markets, hedge fund manager Crispin Odey has described 2011 as a "pretty horrible year", but pointed to opportunities in 2012 presented by cheap prices.<img width='1' height='1' src='http://telegrap.....

Ozwald Boateng plans 150m worldwide expansion
Ozwald Boateng, one of Britain's leading men's fashion designers, is planning a major expansion of his business which could see him open as many as 100 stores across the world.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....

Standard Chartered chief Peter Sands believes his bank (and the UK) are perfectly placed to weather the global economic crisis
As the boss of an Asia-facing London-based bank booming in a global crisis, Peter Sands explains why the UK must follow Standard Chartered's lead.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b6bdfd8/mf.gif' b.....

Eurozone is closer to break-up, warns Standard Chartered's Peter Sands
The chief executive of Standard Chartered, Peter Sands, has warned that there is an increasing likelihood of a country falling out of the eurozone because of the inability of politicians to resolve the crisis.<img width='1' height='1' src='http://.....

Drinks industry must resist David Cameron's meddling on prices
Is David Cameron flirting with socialism? That appears to be the only way to explain the remarkable revelation earlier this week by my colleagues at The Daily Telegraph that Downing Street is seriously considering setting a minimum price for alcohol......

Former Lloyds bosses to be sued over HBOS takeover
Sir Victor Blank and Eric Daniels, the former chairman and chief executive of Lloyds Banking Group, are to be sued in the US courts by American shareholders unhappy at the bank's takeover of HBOS at the height of the credit crisis.<img width='1' h.....

High street struggles despite heavy discounting by retailers
Key December retail figures will show a real terms decrease in sales revenue despite the huge crowds flocking to snap up post-Christmas discounts last week.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b6bdfdb.....

Former Lloyds bosses to be sued over HBOS takeover
Sir Victor Blank and Eric Daniels, the former chairman and chief executive of Lloyds Banking Group, are to be sued in the US by American shareholders unhappy at the bank's takeover of HBOS at the height of the credit crisis.<img width='1' height='.....

Microsoft moves to avoid further drunken shame
Microsoft has cautioned its staff always to serve food with alcohol, to "manage" the amount they drink at company parties and to stop drunken colleagues from boozing following embarrassing allegations about wildly drunken behaviour at a conference in.....

Oleg Deripaska: 'wealthy time' has ended for the eurozone
Oleg Deripaska, one of Russia's leading business figures, has warned Europe that its "wealthy time" is over and that Russia's newly agreed membership of the World Trade Organisation opens up fresh possibilities for British businesses.<img width='1.....

'Fit notes' double time off work for sick employees
It was supposed to cure sick-note Britain. But the new "fit note" regime - brought in last year to reduce long-term sickness absence - has actually doubled the time employees take off work, according to a major study.<img width='1' height='1' src=.....

Facebook IPO: the 64bn question of 2012
If it ever happens, Facebook will be the frenzied float of 2012, with a possible $100bn (64.4bn) valuation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b6b82bf/mf.gif' border='0'/><br/><br/><.....

The biggest technology IPOs of 2011 - and how the shares have performed
Facebook is preparing for a stock market listing in 2012 - as investors mull over whether the social media company is a good bet, here is how the largest technology IPOs of the last year fared:<img width='1' height='1' src='http://telegraph.feedsp.....

VAT cheats facing New Year crackdown
Small businesses and sole traders with unpaid VAT face a new year crackdown from HM Revenue & Customs (HMRC) as the tax authorities seek to tackle "rule breakers" who failed to come forward during an amnesty campaign that closed on New Year's Eve.....

Hugh Osmond plans to raise 500m with new investment vehicle
Hugh Osmond is poised to launch the successor to his Horizon investment vehicle as early as this month, with an expected fund-raising target in the region of 500m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1.....