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Tesco faces battle to sell unwanted real estate

April 17, 2013 11:00
By Tom Bill LONDON (Reuters) - Britain's sluggish economy and the growth of online shopping has killed the space race among British supermarkets, leaving Tesco sitting on over 100 unwanted sites it could take a long time to sell, property experts said.

Thatcher 'sparked storm of opinions', bishop tells mourners

April 17, 2013 07:30
The Bishop of London told mourners at former British prime minister Margaret Thatcher's funeral on Wednesday that she had sparked a "storm of conflicting opinions". Thatcher's coffin was carried into St Paul's Cathedral after being applauded by thousands of people lining the route, although several hundred protesters turned their backs in protest. Queen Elizabeth II led 2,300 mourners in the cathedral including Prime Minister David Cameron, three of his predecessors and guests from 170 countries.

Tesco quits U.S. and takes £2.3 billion global write down

April 17, 2013 02:30
By James Davey and Kate Holton LONDON (Reuters) - Britain's biggest retailer, Tesco, wrote down the value of its global operations by $3.5 billion (2.3 billion pounds) and announced plans to exit the United States, as it tries to rebuild after a year when profit fell for the first time in two decades.

Thatcher's coffin makes final visit to parliament

April 16, 2013 13:32
The coffin of former British prime minister Margaret Thatcher was on Tuesday taken to the Houses of Parliament, which she dominated for more than a decade, on the eve of her funeral. Dressed with the British flag and a large bouquet of white flowers with a card reading "Beloved Mother -- Always in our Hearts", her coffin was laid on a black bier and flanked by two lit white candles in the Palace of Westminster's crypt chapel.

Thatcher's legacy: a citadel of finance atop once-derelict docks

April 16, 2013 11:30
By Guy Faulconbridge and Andrew Osborn LONDON (Reuters) - Where a maze of derelict warehouses and old cranes once testified to Britain's decline, glass skyscrapers teeming with traders now dominate London's docks, a metaphor - for good and ill - for Margaret Thatcher's free-market revolution.

Thatcher's coffin heads to parliament

April 16, 2013 08:18
Margaret Thatcher's coffin was to be taken to Britain's Houses of Parliament on Tuesday, allowing lawmakers to pay their last respects to the former prime minister ahead of her funeral. As Thatcher requested when she planned her own funeral, her body will remain overnight in a chapel at the Palace of Westminster in central London, where she served for more than half a century in both the lower and upper houses.

Thatcher's funeral a state occasion in all but name

April 15, 2013 22:15
The ceremonial funeral with full military honours afforded former British prime minister Margaret Thatcher is just a few technical steps away from a full-blown state funeral. The Iron Lady will be given a send-off full of pomp and ceremony involving 700 members of the armed forces, gunfire salutes and 2,000 guests at St Paul's Cathedral in London on Wednesday. The differences between a ceremonial funeral and a state funeral will not be recognised by the vast majority of the viewing public.

Ex-Times editor to be named BBC news chief - report

April 15, 2013 16:45
(Reuters) - James Harding, former editor of The Times, is expected to be appointed the BBC's director of news on Tuesday, a BBC media correspondent reported on Monday. A spokeswoman for BBC said the company would not confirm or comment on the report. Harding, who was the youngest editor in The Times' history at 38, was also Washington bureau chief of the Financial Times.

Preparations gather pace for Thatcher funeral

April 15, 2013 14:52
Preparations for Margaret Thatcher's funeral stepped up Monday with a full military rehearsal, while it was announced London's famous Big Ben chimes will fall silent in a rare mark of respect. Hundreds of troops solemnly processed through the streets of the capital at dawn, practising their roles in Wednesday's ceremonial funeral for the former British prime minister. More than 700 troops took part as a coffin draped in the British flag was carried on a horse-drawn gun carriage to St Paul's Cathedral, as a handful of early-morning commuters looked on.

Troops rehearse for Thatcher funeral

April 15, 2013 07:16
Hundreds of British troops solemnly processed through the streets of London at dawn on Monday in a full military rehearsal for Margaret Thatcher's funeral. Soldiers, sailors and airmen practised their roles in Wednesday's ceremonial funeral for the former British prime minister as a handful of early-morning commuters looked on. More than 700 troops took part as a coffin draped in the British flag was carried on a horse-drawn gun carriage to St Paul's Cathedral. Thatcher, one of the giant figures in post-war politics, died last Monday aged 87 following a stroke.
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