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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Letters: Parliament fails to accommodate growing housing problem

Category : Business

Housing policy represents another lack of strategy in the Queen’s speech (Editorial, 10 May). A combination of housing benefit caps, cuts and the rising prices and rents of a home will inflict ever increasing pain on Londoners. The Royal Institution of Chartered Surveyors tells us that house prices are falling everywhere except London, and Rightmove says optimistic sellers in the capital have driven asking prices nationally above their 2008 peak. Rents in London are being driven above the caps by a global free market which sees London property as a triple-A-rated safe haven for spare cash. Saif al-Islam Gaddafi, the son of the Libyan leader, was planning to make more than half a million pounds a year renting out his home in north London.

The coalition, with almost total silence from the opposition, has told Londoners to get on a housing ladder that is more like a moving staircase coming down, until the poorest are shunted off the bottom to who knows where as rents overtake caps. In the 1960s, many families were moved from the East End into new towns with newly built homes. This time there is no planned affordable rented housing to move to, just temporary accommodation, overcrowding and debt. Is anybody listening, does anybody care?
Rev Paul Nicolson
Taxpayers Against Poverty

• Amelia Gentleman’s special report (10 May) outlines the desperately inadequate living conditions and exploitative landlords to be found in the London borough of Newham in 2012. I have just been re-reading Jack London’s People of the Abyss and have been struck by the frightening similarities in the grim picture he paints of squalid living conditions for the poor of the East End in 1902. He too describes vastly overcrowded, infested houses, with haphazard shacks behind, their roofs strewn with refuse from above. The inhabitants have miserable and precarious lives.

The 20th century brought genuine and huge improvements in living conditions for millions, by means of mass access to high-quality sanitation, healthcare, education and social security. I fear that the regressive policies of this government are leading us, 110 years later, to a place where nobody should ever want to go. We should be concerned that the safety net is really starting to unravel. In part, these are some of the unanticipated social consequences of the Olympic project, in a capital city where Boris Johnson’s regime has knowingly presided over a growing housing crisis. The sad predicament of the people Ms Gentleman describes diminishes us all.
Rebecca Knowles
Warrington, Cheshire

• A website launched by Shelter Scotland to help private sector tenants reclaim fees unlawfully charged by letting agents has helped 73 people to start proceedings to reclaim over £11,400 in its first 24 hours. Over 600 people sought advice by visiting in a single day, which further consolidates our belief that some letting agents are routinely ripping off tenants by charging extortionate and unjustified upfront fees. Nevertheless, it is not a long-term solution. We want the Scottish government to clarify legislation to make it clear to tenants, landlords and their agents that all charges above rent and a reasonable deposit are unlawful.
Graeme Brown
Director, Shelter Scotland

Caps finally show mental toughness – ESPN

Category : Stocks

CBS News
Caps finally show mental toughness
By Scott Burnside | WASHINGTON — One year and a day ago, the Washington Capitals were swept by the Tampa Bay Lightning. It was a series that seemed to begin and end at almost the same time, and it was a series that seemed to sum up perfectly
Capitals beats Rangers 3-2 to knot series at 2CBS News
Caps-Rangers: Rarely pretty and relentlessly
Capitals turn tables on Rangers with block party in Game
all 2,102 news articles

Game 7: Capitals oust champs in OT – CNN

Category : Stocks
Game 7: Capitals oust champs in OT
Joel Ward slammed home a rebound at the 2:57 mark of overtime to give the Capitals a 2-1 win over the Bruins as Washington moved to the second round of the playoffs and ended the defending Stanley Cup champions' hopes of a repeat.
Bruins season ends in OTBoston Herald
Caps win Game 7 in overtime to oust BruinsWashington Post
NHL roundup: Caps take Game 7, oust Bruins in OTDetroit Free Press

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Ontario collector has most Titanic artifacts in Canada

Category : World News

Some people collect bottle caps, others hunt online for rare baseball cards, but Rene Bergeron goes to much greater depths to satisfy his collector’s itch. Over 20 years, the Cornwall, Ont., man has amassed the largest collection of Titanic artifacts in Canada.

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Stamp price rise plans challenged

Category : Business, World News

MPs challenge a regulator about plans to remove price caps on first-class stamps and raise the price limit on second class to as much as 55p.

Read the original: Stamp price rise plans challenged

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Suncor Energy reports 2011 fourth quarter results

Category : Stocks, World News

Strong fourth quarter caps record year for Suncor

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