Spaniards spooked by Cypriot savings grab turn to virtual currency to hide money from THEIR cash-strapped government

Spaniards spooked by Cypriot savings grab turn to virtual currency to hide money from cash-strapped governmentTrio of Bitcoin apps soar up Spanish download chartsBitcoin is a decentralised peer-to-peer currency that cuts out banksValue soars from 32 to 48 per Bitcoin in just a week 10en.pdf” rel=”nofollow” target=”_blank”> European Central Bank report published last year warned that increased demand for Bitcoin 'could have have a negative impact on the reputation of central banks'. 'The public may perceive the incident as being caused, in part, by a central bank not doing its job properly,' the report added presciently.

Inflation index "has cheated us for years": Annual increase in bills has been linked to inaccurate figures

Inflation index 'has cheated us for years': Annual increase in bills has been linked to inaccurate figures ONS admitted its Retail Prices Index measure was 'inadequate'RPI dictates how much Britons' household bills go up each yearThe measure has been swapped for the 'improved' RPIJ, said ONS .

Royal wedding guest jailed for a week in Barbados after gun part is found in his luggage

Royal wedding guest jailed for a week in Barbados after gun part is found in his luggage James Archibald was found with a pistol barrel in his luggageHe had disassembled it but couldn't persuade them that it couldn't be firedThe interior designer was taken to HMP Dodds, which was featured on TV Show 'The World's Toughest Jails' By Sharon Churcher PUBLISHED: 21:59 GMT, 2 March 2013 | UPDATED: 01:43 GMT, 3 March 2013 James Archibald with his wife Nicki. Mr Archibald was put in jail when he was found with a gun part A friend of the Duke and Duchess of Cambridge was arrested at an airport for having a pistol barrel in his luggage and locked up for a week in a notorious jail. High-society interior designer James Archibald – who was a guest at the Royal Wedding – was held when his bag set off metal-detectors in Barbados.

HMRC accused of missing its target "by a mile" during crackdown on tax fraud and error

HMRC accused of missing its target 'by a mile' in attempted crackdown on tax credit fraud and error 2.27billion lost in 2010/11 due to tax credit fraud and error despite efforts to curb lossesTax bosses had hoped to reduce losses by 1.4billion But they only cut 500million as a fifth of cases resulted in overpayment Margaret Hodge said that senior officials needed to 'get a grip' and resolve 'deeply worrying' issues By Mario Ledwith PUBLISHED: 01:36 GMT, 14 February 2013 | UPDATED: 02:07 GMT, 14 February 2013 A HMRC crackdown on tax credit fraud and error missed its target 'by a mile', as tax bosses failed to stop losses of more than 850 million. Despite instigating a plan to tackle inefficiencies, error was still rife in the taxation system throughout 2010/11 as 2.27 billion was lost. Watchdogs criticised the failed approach, demanding that tax bosses 'get a grip' and saying that the money could have been spent on 'schools and hospitals'.

Cable and Wireless make six-figure profit by providing 41p-a-minute HMRC tax helpline

Firm makes six-figure profit by keeping you on hold on 41p-a-minute HMRC tax helplineCompany makes 'less than 1million' profit from premium 0845 numbers Each year 16million callers will be kept waiting for longer than five minutesMPs tell HMRC chief Lin Homer the wait is 'unacceptable' By Becky Barrow PUBLISHED: 00:24 GMT, 29 January 2013 | UPDATED: 13:20 GMT, 29 January 2013 Lin Homer, chief executive of HMRC, admitted the target is to answer 80 per cent of calls in five minutes A private phone company is making hundreds of thousands of pounds in profit from Her Majesty's Revenue and Customs premium rate helplines. HMRC chief Lin Homer told a committee of MPs that Cable and Wireless has made 'less than 1million' from the 0845 number.

Revealed, UK"s burglary black spots: Areas in Leeds and Bradford identified as most at risk by insurance companies

Revealed, UK's burglary black spots: London, Leeds and Bradford postcodes identified as 'most at risk' by insurance companiesLS13 is the UK’s worst burglary hot spotBradford postcode BD12 took second placeThe figures mean residents could pay 20 per cent more for home insurance in red and least claims in blue” class=”blkBorder” /> Hotspots: Map showing the postal regions in the UK that have made the most home insurance claims for burglary in 2012 in red and least claims in blue Worrying: Families in an area of Leeds are most at risk of being burgled, according to a league table that identifies Britain's most dangerous places to live. This is a file picture of the city centre Crime: Bradford postcode BD12, around five miles away from Leeds, took second place in the table Insurance companies use data on the number of burglaries per household to decide which areas should face the highest annual premiums.

Australia wildfires: Moment terrified family were forced to take refuge

Clinging on for dear life: Moment terrified family were forced to take refuge in the water as Australian wildfire tore through their townTammy and Tim Holmes led their five grandchildren to safety as blaze destroyed their home in Dunalley, TasmaniaThey clung to each other and the jetty for more than two hours until they eventually found dinghy to flee fire zoneChildren's mother, who had left them with her parents while she attended a funeral, feared they had been killedCooler weather has brought temporary respite today after days of record temperatures in the south of countryBut 35,000 firefighters are now on standby in Queensland as searing heat is predicted to move north later today /s3665494.htm” rel=”nofollow” target=”_blank”> Australia's ABC network: 'We just waited by the phone and received a message at 3.30pm to say that mum and dad had evacuated, that they were surrounded by fire, and could we pray. 'So I braced myself to lose my children and my parents.' Bracing themselves: The children prepare to enter the water to take refuge under the jetty as the wildfire rips through their grandparents' home Thanked God: The children's mother, Bonnie Walker, was unaware of the impending danger when she drove off to attend a funeral and feared her family had been killed when she heard of the devastation Divine intervention: A building burns near the jetty

Mother-of-three commended by judge and handed bravery award for shouting f*** off at armed raider

Mother-of-three commended by judge and handed bravery award for shouting f*** off at armed raider By Anna Edwards PUBLISHED: 12:45 GMT, 4 January 2013 | UPDATED: 14:57 GMT, 4 January 2013 When faced with a terrifying situation, many of us lose the power of speech. But not for one woman – who was handed a bravery award today for shouting 'f*** off' to an armed robber. Michelle Andrews, 45, was commended by a judge for her four-letter tirade when she was confronted by the dangerous knifeman.

Islamic militants massacre five women teachers travelling to primary school in protest at female education in Pakistan

Islamic militants massacre five women teachers travelling to primary school in protest at female education in PakistanTwo health workers also murdered in the ambush on a van taking them home from work today It came in same region of Pakistan where Malala Yousufzai, 15, was shot in the head just for going to school By Martin Robinson PUBLISHED: 14:39 GMT, 1 January 2013 | UPDATED: 17:57 GMT, 1 January 2013 Five female teachers in Pakistan have been slaughtered by Islamic militants bent on keeping women and girls away from education. They were murdered in a New Year's Day ambush on the van carrying them home from their jobs at a community centre and primary school in the north-west of the country.

Right-wing extremists arrested in South Africa after "nationwide bomb plot" that targeted President Zuma

Right-wing extremists arrested in South Africa after 'nationwide bomb plot' that targeted President ZumaFour arrested for suspected bomb conspiracyANC says conference marquee targeted Fringe Afrikaner group admits members arrested | UPDATED: 15:19 GMT, 17 December 2012 South African police say they have foiled a plot to bomb a conference attended by President Jacob Zuma and dozens of top government officials. Four men aged between 40 and 50 were arrested on Sunday it has today been confirmed