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...troubled U.K. lender heavily exposed to Britain's declining property market. Still, you can't fault Lloyds' optimism. The bank, in which the government has a 43% stake, predicted "high single-digit income growth" within two years. Analysts expect a steep hike in provisions for bad loans when Royal Bank of Scotland (RBS), Britain's largest taxpayer-funded lender, unveils first-half results later this week. After falling to a $40 billion loss last year, the largest in U.K. corporate history, RBS - more than two-thirds of it in government hands - should at least break even this time around, Maughan...

Author: /time Magazine | Title: For Britain's Banks, Latest Earnings Show an Uneven Recovery | 8/5/2009 | See Source »

Montreal Townhouse This graystone is located in the city's trendy Plateau Mont-Royal district Will swap for: A three-week stay in Argentina Where it's listed: 1stHomeExchange.com, where it's free to list a home but costs $75 a year to contact members...

Author: /time Magazine | Title: Home Exchange: Trading (Vacation) Places | 8/3/2009 | See Source »

...there a duet playing in the back of his mind, I wonder, when Sir Edward Downes, the former conductor of Britain's Royal Opera, held hands with his wife of 54 years and drank the poison with her? Wagner maybe, or Verdi's Aida, one lover condemned to die, the other choosing to follow rather than live half a life, all alone...

Author: /time Magazine | Title: Going Too Far with Assisted Suicide? | 8/3/2009 | See Source »

Herschel is the most touching figure in Age of Wonder. A refugee from Germany, he began his career as an oboist, but at 27 became consumed with curiosity about the stars and started building his own telescopes. He was discovered by the son of a Royal Society member, who stumbled over him moon-gazing in the streets one night through a home-brewed 7-ft. (2 m) telescope that turned out to be more powerful than that of the astronomer royal. Herschel went on to pioneer the idea of a vast and unimaginably old universe. After looking through Herschel...

Author: /time Magazine | Title: Science Feels Sexy in The Age of Wonder | 8/3/2009 | See Source »

...earliest postwar motorcycle clubs, the Pissed Off Bastards, in the wake of a bitter feud with a rival gang. "Hell's Angels" was a popular moniker for bomber squadrons in World Wars I and II, as well as the title of a 1930 Howard Hughes film about the Royal Flying Corps (the phrase lost its apostrophe over time). For years, the HAMC, as members refer to the group, remained a California organization; the first chapter to open outside the state started in Auckland, New Zealand, in 1961. Eventually the club grew to most states and 30 or more countries, fueled...

Author: /time Magazine | Title: The Hells Angels | 8/3/2009 | See Source »

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