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Virgin Media reassures with solid third quarter growth

LONDON, Oct 27 - Britain's Virgin Media added 6,300 net new cable customers in the third quarter, reassuring investors after a disappointing second quarter, as subscribers showed a willingness to pay for higher quality services.
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BOE's Posen says QE size sensible

The Bank of England got it about right when it opted to inject another 75 billion pounds into the financial system, a move that will help fend off the risk of deflation, a top policy maker said on Wednesday.
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Watchdog faces difficult bank capital dilemma

A key committee of the Bank of England is feeling its way in terms of striking a balance between making sure banks are strongly capitalised while also encouraging them to lend to businesses, a key policymaker said on Wednesday.
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Tunisian Islamists to propose their man for PM's job

Tunisia's moderate Islamist party said on Wednesday it would put forward one of its officials for the prime minister's job, after it scored a resounding victory in the first election after the Arab Spring uprisings.
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Demand for defensive stocks lifts FTSE 100

The FTSE 100 hit a 2-1/2-month closing high on Wednesday, with defensive stocks doing well as investors awaited the outcome of a European Union summit to resolve the two-year-old sovereign debt crisis.
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NBNK submits bid interest for Northern Rock - source

New British banking venture NBNK has submitted a bid proposal for Northern Rock, a source with knowledge of the matter told Reuters, putting NBNK in competition with Virgin Money for the nationalised British bank.
Apple iPhone 4S

iPhone 4S Jailbreak is Out

The iPhone 4S has been a hit among Apple fans with its new fast flash features but many have been looking for a jailbreak that will allow them to customize their phone to the fore. The lastest iPhone jailbreak and unlocking software is out, according to bestunlock.com.
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GSK returns to growth as drug headwinds ease

GlaxoSmithKline's sales returned to growth in the third quarter as Britain's biggest drugmaker put patent expiries and a collapse in revenue from troubled diabetes pill Avandia behind it.
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Drop in factory orders fuels recession fears

British factory orders fell at their fastest pace in a year in October and firms expect to cut output, a survey by a leading business lobby group showed on Wednesday, reinforcing fears the economy may tip back into recession.
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FTSE steady as European debt plan concerns linger

Britain's top share index was steady Wednesday, with investors keeping largely to the sidelines as the prospects for a comprehensive deal to tackle the euro zone debt crisis at a summit looked slim.
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Euro crisis weighing on UK economy - Bank's Dale

The Bank of England's means to boost the fragile British economy are limited as the euro zone crisis is weighing on growth, the Bank's chief economist Spencer Dale said in a newspaper interview published on Wednesday.
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Britain planning memorable Olympic return

Britain is planning to mark its return to Olympic soccer after a 40-year absence with a gala double-header featuring both the women's and men's teams playing international friendlies at the same venue on the same day next July.
A security guard walks across a grandstand at the Buddh International Circuit, the venue for the first ever Indian Formula One race at Greater Noida, on the outskirts of Delhi

India Raises the Flag for F1

With both Formula One championships already wrapped up by Sebastian Vettel and his Red Bull team, India takes the starring role on its long-awaited grand prix debut this weekend.

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