Word: britain
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When London's Royal Festival Hall (RFH) reopened in June after a two-year restoration, more than 250,000 people turned up to celebrate the rebirth of a British icon. The spring cleaning of the RFH, the postwar centerpiece of the 1951 Festival of Britain, represents the final piece of the puzzle in establishing the south bank of the Thames?from the London Eye big wheel down to the Design Museum at Shad Thames?as one of the most vibrant neighborhoods in the capital. Multiple bridges make it accessible to more than 15 million Londoners and visitors, and the Southbank...
...Northern Rock announced on Sept. 14 that the Bank of England had agreed to make an unspecified amount of emergency funds available to it, worried depositors began retrieving their savings. Although the Bank's move aimed to reassure punters, it only served to spook them. Worried that the lender - Britain's fifth-largest mortgage provider - was in danger of insolvency, savers across the country rushed to clean out their accounts, ignoring assurances from the bank's CEO and Britain's Financial Services Authority (FSA) that Northern Rock's capital reserve was sound...
Even worse, Britain's Office of Fair Trading (OFT) and the U.S. Department of Justice fined BA more than $500 million in August for price fixing. Ten current and former BA executives face the possibility of criminal prosecution in the U.S. All this comes just as access to the transatlantic market out of Heathrow Airport--now restricted to BA and a few other carriers--is about to be blown wide open...
...That indicates a huge disconnect between the public and Britain's many and multifaceted newspapers, which are usually adept at playing to their readers' biases. The press here - from populist tabloids to serious-minded dailies - has largely been unswerving in its support of the McCanns. "Madeleine: Her Mother is Innocent," shouted Wednesday's Daily Express. "Torture," declared Sunday's The People over a picture of Kate McCann, Madeleine's mother. And Chris Roycroft-Davis, a media consultant and Express commentator, thinks that's how it should be. "The media have been very, very sympathetic toward the McCanns, quite rightly...
...than ever - and yet at the same time more fragile - a new frenzy has broken out for control of the trade routes at the top of the world and the riches that nations hope and believe may lie beneath the ice. Just as 150 years ago, when Russia and Britain fought for control of central Asia, it is tempting to think that - not on the steppe or dusty mountains but in the icy wastes of the frozen north - a new Great Game is afoot...