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Braveheart

Scotland to issue its own sovereign bonds

The British government announced that Scotland will soon be allowed to issue its own sovereign bonds – guaranteed by Scotland itself, and not the UK government.
Postal workers return to a delivery office in west London

Thousands of UK postal workers likely to lose jobs

Up to 20,000 postal workers in Britain are likely to lose their jobs after the Royal Mail posted a £120-million loss in its letters and parcels business largely as a result of more people abandoning the system in favor of internet communications.
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Major economies losing growth momentum: OECD

Major economies, with the exception of the United States, are losing momentum as the outlook for growth worsens in European and developing countries, the OECD's leading indicator for April showed on Tuesday.
Gay Girl

HOAX: How bloggers outed Amina creator Tom MacMaster

Liz Henry a blogging veteran who says she has uncovered several sockpuppets like Tom MacMaster's in her career, was instrumental in uncovering the Amina hoax and quite possibly pushing MacMaster to post an apology to the people Amina's words effected.
Pedestrians pass the head office of Lloyds Banking Group in central London

Lloyds Bank Plans to Cut 15,000 More Jobs

The new chief executive of bailed out British bank Lloyds Banking Group (NYSE: LYG) is planning to cut another 15,000 jobs, on top of the 28,000 positions the bank has already eliminated since it merged with HBOS in early 2009.

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