U.K. Culture Secretary Maria Miller resigned from the cabinet after six days of pressure from the media, the opposition and members of her own Conservative Party over her handling of an expenses probe.
Roman Abramovich is negotiating a settlement with fellow billionaire Mikhail Prokhorov’s RBC television over its erroneous report that he was detained in the U.S., said John Mann, Abramovich’s spokesman.
London risks losing its status as the world’s top financial center as the $360 trillion interest-rate fixing probe follows a series of market abuses by banks that eroded trust in a city already shrinking faster than rivals.
Robert Diamond, the former Barclays Plc chief, gave $6 million to finance a Colby College building that has become a focal point for student dissent over his role at the 199-year-old school in Waterville, Maine.
Robert Diamond, who quit as head of Barclays Plc last week after allegations that interest rates had been rigged, denied he misled Parliament on relations with regulators and said he’d be willing to discuss the matter again.
Negotiators for Conservative David Cameron and Liberal Democrat Nick Clegg completed their third session in search of a deal to form a new government as they faced pressure to reassure investors over political stability.