Two years after the Tsunami, billions of pounds worth of donations from governments and individuals have still to be been spent on reconstruction.
Tens of thousands of people have still received nothing, major infrastructure repairs have not begun and fewer than 35% of people have been rehoused - The Guardian
A 62% jump in BAA borrowings has sparked doubts about the group's ability to fund expansion plans at Heathrow and Stansted. The airport owner's debt has ballooned to £5.7bn in the six months to the end of September.BAA's new owner Ferrovial has also increased borrowings to fund the £9bn acquisition of BAA in June. - The Mail
The Takeover Panel has set a January deadline to resolve the bidding war for the UK steel producer Corus. Yesterday it raised the prospect of holding an auction for the company if there were still two competing offers on the table. The Brazilian steel producer CSN has lodged the highest bid for Corus after last week's £4.9bn agreed offer trumped a renewed bid from its Indian rival Tata Steel - The Independent
BP has announced the resignation of its global refining division vice president. Mike Hoffman was appointed to the post in 2002. BP said the London-based director was leaving to return to the United Stayes. He will be replaced by Cynthia Warner from 30 April - The Independent
Extra homes needed for the east of England will mean building the equivalent of a town like Harlow over the next 15 years. The development will be in addition to already planned construction which equates to building a Birmingham-sized city. Revisions to the east of England plan, published by the Government, have added 30,000 new homes to the 478,000 maximum proposed by the region's assembly for the period between 2001 and 2021 - The Telegraph
The idea that we may one day give robots rights traditionally reserved for humans has been raised in a government-commisioned report that claims to be an extensive look into the future. Visions of the status of sentient machines in 2056 have emerged from one one of 270 foward looking papers sponsored by the goververnment's chief scientist Sir David King - The Financial Times