31st August 18:15BST, UK evening news flash summary:

Posted Aug 31, 2008 by ■ Paul Whittaker in World 5 comments

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Main:

BBC - Mayor Ray Nagin of New Orleans has put the US city under curfew from sunset to dawn as Hurricane Gustav approaches.
Sky - One of the bodies found in the burnt-out ruins of a house in Shropshire is the wife of millionaire businessman Christopher Foster, the other body is an as yet 'unidentified' male adult.
Observer - Gordon Brown warns today that the West will not be held to ransom by Russia, threatening a 'root and branch' review of relations with the Kremlin and urgently moving to stop Britain's reliance on Russian oil and gas.
Times - The Republican presidential candidate, John McCain, was facing a backlash from his party last night over the appointment of Sarah Palin, the governor of Alaska, as his running mate after it emerged that he had met her only once before offering her the job.
Mail - The North Pole becomes an 'island' for the first time in history as ice melts.

Economy:

Independent - Bank of England: Base rate is set to remain at 5 per cent this week, while official figures reveal corporate failures could reach a staggering 17,000 this year.
Times - More than 1,000 jobs in London are to be axed at the investment bank Dresdner Kleinwort as part of a £7.3 billion takeover deal.

Other:

ITN - Princess Diana to be remembered on 11th anniversary of her death.
Observer - Race against time to save Congo's apes. A Belgian aristocrat leads park rangers in fight to protect gorillas from poachers and rebel militias.
Independent - 100 things to do before you die.
Telegraph - Eiffel Tower's lights are to go out.

Links to more news stories at WhitDawg.com

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Comments (5)

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Posted Aug 31, 2008 by ■ Debra Myers
#1

So the Eiffel Tower is going to do it's bit by going (somewhat) green. Cool!

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Posted Aug 31, 2008 by ■ Paul Whittaker
#2

@■ Debra Myers
So the Eiffel Tower is going to do it's bit by going (somewhat) green. Cool!

lol, its about time that they looked at this sort of thing, we should do something similar in the UK.

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Posted Aug 31, 2008 by ■ Debra Myers
#3

@■ Paul Whittaker
lol, its about time that they looked at this sort of thing, we should do something similar in the UK.

Well it's something that I'd never even thought about, although I knew that the ET was lit like that!

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Posted Aug 31, 2008 by ■ Chris V. Thangham
#4

Sad to hear the economy in Britain is getting worse. I thought US was alone in this. Is this because of high gas prices?

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Posted Sep 1, 2008 by ■ Paul Whittaker
#5

@■ Chris V. Thangham
Sad to hear the economy in Britain is getting worse. I thought US was alone in this. Is this because of high gas prices?

Its been getting worse here in the UK for ages now. I think that most of the worlds economies are suffering as well as the UK but because the US is such a huge economy on its own, then what happens in the US has a massive effect on what happens elsewhere.
Obviously we all saw the effects of the collapse of the sub-prime mortgage market in the US which had a follow on effect for one of the UK's largest lenders the Northern Rock which had to be rescued by the government. So this started tremors in the financial markets, an increase in mortgage rates by the rest of the UK banks. This lead to a massive problem in our housing market as buyers and sellers evaporated. 1000's of jobs were then lost in the housing sector as builders didnt have any homes to build etc..
We've also seen a huge hike in food prices, fuelled by the cost of oil (it was after all over $144 a barrel a couple of months back), petrol and diesel. If oil goes up, it then costs the farmers more to tend the fields and so on, move the food around the country etc.. Despite oil dropping back, we havent seen this filter through to the price of petrol at the pump, not by much anyway, so once again prices remain high. I also think that the poor summer we had last year contributed to the high price of food that we have seen. And this summer, whilst not as bad with floods as last year, hasnt really been much better.
In summary, its really bad for the UK at the moment and recent figures say that in the last 3 months the economy didnt grow whatsoever and predictions are that we could be only 6 months away from a full blown recession ...

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