Word: britain
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...Britain's beleaguered Prime Minister Gordon Brown and his increasingly panicky Labour Party might have thought they bottomed out earlier this month, when the party lost the London mayoralty and suffered its most disastrous municipal election result across the country in decades. But yesterday it got even worse. The resurgent Conservatives stomped to victory in a by-election in Crewe, a working-class town in northwestern England that has been an unsinkable Labour bastion since World War II. The sheer size of the victory - 17.6% of the electorate switched from Labour to Tory since the last election...
...have to be taken seriously. With the 2001 Census, now everyone recognizes Jedi as a religion. If the government says to us 'You can't do that because you're not a true religion," we can say 'Yes we are' because there's more Jedi than Scientologists in Britain...
...modest fall in prices is hardly the end of the world for those who are still sitting on mountainous profits amassed during Britain's years of plenty. But for more recent buyers, now stuck with rising interest payments on ever less valuable houses, there is mounting fear - and a belated realization that property is not a one-way bet, after all. "It's always good to remind people that investing in long-term, expensive assets is a risky business," says Michael Ball, professor of urban and property economics at the University of Reading Business School. The current wobble has "brought...
When the U.K. housing market last hit the skids, with prices slipping by a third in the six years from 1989, unemployment and interest rates were both higher. This time around, the hope is that Britain's shortage of housing supply may help prevent such a bloody crash. The rate of housebuilding in Ireland and Spain - both of whose markets have overheated in recent months - more than doubled in the decade to 2006. In the U.K., the increase was just 12%. Demand ought to remain robust, says Ball, with "long-term rising incomes bashing against the cliff of tight supply...
...averted by President Medvedev issuing a decree to automatically grant visas to all British fans holding a valid ticket to the game. Obtaining visas had become more difficult in recent months as Moscow-London relations sank to a low ebb in a series of tit-for-tat moves following Britain rejecting Russia's demands to extradite tycoon Boris Berezovsky and Chechen separatist Akhmed Zakayev, while Russia turned down British demands to extradite Andrei Lugovoi, prime suspect in the murder of former Russian security officer Aleksander Litvinenko. It would be premature, however, to judge the blanket visa approval as signaling...