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BASC given permission to bring judicial review of Defra decision

  The British Association for Shooting and Conservation (BASC) has been granted permission by the High Court to bring a judicial review of Defra’s decision to withdraw the general licence (GL43) that allowed the release of gamebirds in certain areas of England. BASC’s ‘Fighting Fund’ is being used to support the High Court challenge. BASC chief executive Ian… Read more »

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Sir John Gieve admits Bank failed to act
Govt ‘may pay price’ for bank bailout

The government could end up making a loss on its investment in the UK banking sector, the deputy governor of the Bank of England has warned. Sir John Gieve also admitted that the Bank knew of unsustainable lending but failed to act. Speaking to BBC’s Panorama, Sir John said: “This is a major storm we… Read more »

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Bank of England cuts rates to five per cent
Interest rates cut to five per cent

Interest rates have been cut to five per cent, as the Bank of England reacts to slow growth in the UK economy and house price falls. Lenders are now under pressure to pass on the 0.25 per cent cut to lenders, with analysts and borrowers expecting the reduction. High London interbank offered rates (Libor) has… Read more »