Australian Clive Palmer to Build New Titanic II

The billionaire Clive Palmer said he was going to build a modern version of the Titanic keeping it as close to the original design but with modern technology.

The order has gone to a Chinese state owned company and should be ready to said in 2016

Wind Farms Become an Issue

The government proposed plans to have 8500+ wind farms across the UK has started pressure groups to press the government to reveal how man more onshore wind turbines will be built and where they are going to locate them.

The (CPRE) Campaign to Protect Rural England states that it feels "powerless in the face of speculative applications from big well funded developers".

Clydesdale & Yorkshire Banks Cut Jobs

It has been announced that the Clydesdale and Yorkshire bank is going to cut up to 1400 jobs by 2015 based on the decline of the UK economy.

Hodgson Has Been Chosen as Possible New England Manager

Hodgson is likely to be appointed the new England manager within days he is due to meet the football association today.

US and Japan to Agree Terms to Move Marines

The Japanese Prime Minister Yoshihiko Noda has agreed terms with the US to move 9000 marines from the island of Okinawa to other areas in the Asian Pacific region such as Hawaii and Guam.



However 10,000 troops will remain at Okinawa. Locals on Okinawa say having the Futenma base near a city is noisy and could be dangerous and would like it removed altogether.

Simon Hughes Calls For an Inquiry on Jeremy Hunt Code of Conduct

Simon Hughes a senior liberal democrat has called for an inquiry on the way Jeremy Hunt the Culture Secretary handled his dealings with Rupert Murdoch and the planned takeover of BSKYB by news corporation.

Todays News in Brief

- NIG has new targets set for SME markets.

- A new office to open in Beijing for Catlin.

- CHUBB declares high first quarter profits of $506 million

- MMA has been very successful in Commercial Business Insurance reporting a 40% rise.

- Professional Insurance Agents Ltd ready to launch in USA, Canada, and Bulgaria in second half of 2012. CEO Graham Hearsey said we should be launching in each of these countries with our online Multiquote and Buy mainly in financial lines such as Professional Indemnity Insurance and Directors & Officers insurance covers. Our software has been welcomed by brokers in these countries.

Insurance News

- Stats show that premiums are on the increase for female drivers

- Cover for home emergency policies has attracted record complaints

- Towergate has purchased another 3 brokers in the UK region.

- Professional Insurance Agents Ltd appoints new directors in their business development department and this is to include responsibility for new appointed representatives and increasing its financial lines business in Professional Indemnity Insurance and Directors & Officers covers.

- Gallaghers targets Groupama brokers

- Aviva sacks 1300 staff in email error.

China & North Korea Remain Firm Allies

With North Korea relying on China for its closes trading partner and the Chinese President has pledged his support to North Korea.

All of this comes on the back drop of the failed rocket launch on the 13th April.

Tension between South and North Korea couldn't be higher with the USA raising allegations that a missile launcher seen in Pyongyang last week was of Chinese origin and there are signs that North Korea maybe planning a third nuclear test soon.

Has The UN Got it Right in Syria?

According to reports over 70 people were killed in Hama, by a apparent crack down by the Syria Government troops.

the US said that the UN monitoring mission was "risky and dangerous, with only a few current monitors on the ground trying to observe the promised cease fire".

The UN wants to increase its monitors to 300 with Kofi Annan due to meet the security council on Tuesday.

Insurance FSA Changes

FSA has stated that it needs around 16% more funding as it final year as our regulator.

They have talked about 'Twin Peaks' to try and start mirror imagining the new regulator, stating that it has a "chance to get it right for the future".

The idea will be to have two groups of supervisors, one dealing with prudential code and the other focusing on broker conduct.

News in brief

Anders Behring Breivik Goes On Trial

The an who killed 77 people and a bomb attack in Norway goes on trial in Oslo. He came into the court room smiling and doing a Nazi salute. He is expected to plead not guilty.

USA Tornadoes take the lives of people

It is reported that at least 5 people have been killed by the tornadoes in Okolahoma. Other states Kansas, Lowa, and Nebraska saw twisters and high storm activity.