Blockbuster Collapses: 4,200 Jobs At Risk

By Mark Kleinman, City Editor

The crisis on Britain's high streets is continuing after Blockbuster UK, the DVD rental chain, called in administrators in a move which puts more than 4,000 jobs at risk.

Blockbuster UK has appointed the accountancy firm Deloitte to handle an insolvency process less than 48 hours after it was also hired to oversee the administration of HMV, the entertainment retailer.

The move was confirmed following a report by Sky News.

The spate of administrations threatens to make this one of the grimmest periods in the history of the high street as retailers face up to the prospect that they can no longer compete with digital competitors.

Blockbuster has been especially hurt by the growth of online film rental companies such as Lovefilm. A plan for Blockbuster to offer its own version of a film-streaming service appeared to stall in recent months.

Blockbuster UK, which is headquartered in Uxbridge, employs almost 4,200 staff and operates from 528 stores.

Blockbuster stores rent out DVDs and games, and offer an exchange service

Its parent company, Blockbuster LLC in the US, is owned by The Dish Network, a US telecoms and media group which is headed by Charlie Ergen, a billionaire businessman.

Lee Manning, a partner at Deloitte, said: "In recent years Blockbuster has faced increased competition from internet-based providers along with the shift to digital streaming of movies and games.

"We are working closely with suppliers and employees to ensure the business has the best possible platform to secure a sale, preserve jobs and generate as much value as possible for all creditors.

"The core of the business is still profitable and we will continue to trade as normal in both retail and rental whilst we seek a buyer for all or parts of the business as a going concern.

"During this time gift cards and credit acquired through Blockbuster's trade-in scheme will be honoured towards the purchase of goods."

A spokesman for the administrator said the company's pension scheme was fully-funded and that gift-cards would be honoured at Blockbuster stores.

The recent flurry of retail collapses threatens to remove some of the famous names on British high streets.

If buyers cannot be found for HMV and Blockbuster, they will join the likes of Jessops, JJB Sports, Clintons Cards and Comet, which have all been forced to call in administrators.

The fact that the collapses of Blockbuster, HMV and Jessops have happened within just a few days of each other - with the potential combined loss of more than 10,000 jobs - also threatens to escalate the crisis into a broader political issue.

More follows...

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Lance Armstrong Interview: Oprah 'Surprised'

Oprah Winfrey has said Lance Armstrong "did not come clean in the manner I expected" during a two-and-a-half hour interview with the disgraced cyclist.

The shamed sportsman reportedly admitted using performance-enhancing drugs to the US talk show host, ending a decade of denial.

Armstrong was stripped of his seven Tour de France titles last year after a US Anti-Doping Agency (USADA) report said he was a ruthless competitor, willing to go to any lengths to win the prestigious race.

Speaking to CBS after the interview, Winfrey said she was "satisfied" with Armstrong's confessional.

The interview will be aired on Oprah Winfrey's television network

"I would say he did not come clean in the manner that I expected," she said.

"It was surprising to me. I would say for myself, my team ... we were mesmerised and riveted by some of his answers.

"I feel he answered the questions in a way that (suggested) he was ready. I can only say I was satisfied with the answers."

Asked if Armstrong was contrite during the interview, Winfrey said: "I choose not to characterise.

"I would rather people make their own decisions about whether he was contrite or not. I felt that he was thoughtful, I thought that he was serious, I thought that he certainly had prepared himself for this moment. I would say that he met the moment.

"At the end of it... we were both pretty exhausted."

She also dismissed fears expressed before the interview that she may give Armstrong an "easy ride" adding that the confessional would be screened over two shows, to avoid cutting it down too much.

Winfrey said she had not planned to comment on the interview before it was screened, but decided to do so after it was widely reported that he had admitted drug use.

The interview with Winfrey comes as a member of the International Olympic Committee (IOC) claimed cycling could be dropped from the Olympics if Armstrong implicates the sport's governing body in covering up a widespread doping scheme.

IOC member Dick Pound said the committee might be left with no choice other than to take drastic action if Armstrong proved the International Cycling Union (UCI) acted improperly.  

"The only way it is going to clean up is if all these people say 'hey, we're no longer in the Olympics and that's where we want to be so let's earn our way back into it'," Mr Pound said.

Sky News sports editor Nick Powell said Mr Pound had waged a campaign against the UCI for a long time.

Powell doubted cycling would be banned from the Olympics because of Armstrong's case.

"It's not going to happen. To ban lots and lots of clean cyclists because of one man ... would be absurd," he said.

"What it does do is indicate the level of feeling and the kind of things we're going to get more of once we hear what Lance Armstrong's actually got to say."

The UCI has urged Armstrong to testify before its independent commission on doping.

"If these reports are true, we would strongly urge Lance Armstrong to testify to the Independent Commission established to investigate the allegations made against the UCI in the recent USADA reasoned decision on Lance Armstrong and the United States Postal Service (USPS) team," the federation said.

USADA chief executive Travis Tygart labelled the doping regime allegedly carried out by the US Postal Service team that Armstrong once led "the most sophisticated, professionalised and successful doping programme that sport has ever seen".

The interview with Winfrey is Armstrong's first public response to the report.

He is not expected to have provided a detailed account about his involvement, or addressed in depth many of the specific allegations made in the more than 1,000-page report.

A government source has told ABC News that Armstrong had also met officials to discuss paying back some of his former team's sponsorship money from the US Postal Service.

The source also suggests Armstrong may give the names of others involved in illegal doping - leading to a possible reduction of his lifetime ban.

The American apologised to staff at his Livestrong Foundation, saying he was sorry for the distress he had caused. He vowed he would repair the foundation's reputation.

Armstrong is said to be worth around $100m (£62m). However, most sponsors dropped him after USADA's scathing report - at the cost of tens of millions of dollars - and soon after, he left the board of Livestrong.

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Boeing Dreamliners Grounded By Japan Airlines

Boeing 787 Dreamliner Timeline

Updated: 4:05am UK, Wednesday 16 January 2013

The turbulent history of the Boeing 787 Dreamliner:

Jan 16, 2013: Japan Air Lines Co Ltd (JAL) follows suit and suspends Dreamliner flights from Japan over safety concerns

Jan 16, 2013: ANA grounds all 17 of its 787s after four of its aircraft suffer problems

Jan 16, 2013: ANA 787 Dreamliner makes emergency landing in Takamatsu, Japan, after smoke appears in cabin

Jan 11, 2013: The Federal Aviation Authority announces a review of the 787 design and systems

Jan 11, 2013: All Nippon Airways (ANA) discovers engine oil leak after a domestic flight lands at Miyazaki

Jan 11, 2013: A separate ANA flight to Matsuyama reported a crack appearing in the pilot's window

Jan 9, 2013: ANA cancels a Boeing 787 Dreamliner flight due to a brake problem

Jan 8, 2013: Japan Air Lines (JAL) grounds a jet at Boston Logan International Airport after a 787 leaks 150 litres of fuel

Jan 7, 2013: A fire erupts in a battery pack in another JAL Dreamliner at Boston

Dec 13, 2012: Qatar Airways grounds one of its Dreamliners because of a faulty generator

Dec 5, 2012: The Federal Aviation Administration orders inspections of all 787 Dreamliners in service in the US

Dec 4, 2012: A United Airlines 787 is forced to make an emergency landing in New Orleans after a generator fails

July 23, 2012: ANA grounds five Dreamliners due to an engine component issue

February 22, 2012: Boeing says around 55 Dreamliners may be affected by a flaw in the fuselage

October 26, 2011: The Dreamliner makes its maiden flight with paying passengers on board an ANA jet

September 26, 2011: Boeing delivers its first 787 Dreamliner to Japan's ANA, three years late

June 23, 2010: Boeing postpones the first flight of the Dreamliner because of a structural flaw

December 15, 2009: The passenger jet 787 Dreamliner takes off on its maiden test flight

April 9, 2008: Boeing says there will be a revised plan for the first 787 flight and initial deliveries

December 11, 2008: Boeing announces further delays due to strike action by machinists Sept-Nov

October 19, 2007: Boeing says there will be a six-month delay to deliveries due to assembly issues

July 8, 2007: The first assembled 787 goes on display to media, employees and customers

July 18, 2006: Boeing says it is making "solid progress" on the 787 Dreamliner programme

January 28, 2005: Boeing gives its new commercial airplane an official model designation number - 787

January 29, 2003: Boeing announces the launch of a new aircraft called the 7E7

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Smartphones Could Become UK's New Credit Cards

Most Britons will be able to pay for items using their mobile phone next year.

Banks and financial institutions representing 90% of current accounts have agreed to launch the UK's first industry-wide mobile payment service in spring 2014.

Using a process similar to texting, people will be able to sign up to send and receive payments using their own number.

It will be done without the need to disclose their bank account details.

The Payments Council, the industry body that is leading the project, said using mobiles to buy goods and services, as well as send money to friends and family, would become a mainstream option due to the popularity of the plan among banks.

Shopaholics will soon be able to leave their cash and cards at home

Eight financial institutions have already committed themselves to offering the service, and discussions are under way for others to join.

The council pointed out that while there are existing ways to pay using a mobile, the project is the first to have the potential to link every bank account in the country with a mobile number.

Chief executive Adrian Kamellard said: "This new service will offer a simple, secure way to split a bill for dinner, receive money from a friend or pay a tradesman without needing to remember or share account details."

Before the service launches, the financial institutions involved will invite customers to register via their online banking service, mobile app or other approved method.

The Payments Council said more details about the industry-wide registration process and the precise launch date would be announced later.

More than 5,000 consumers took part in Payments Council research, which revealed the service is likely to prove most popular with smartphone users, who accounted for 67% of those surveyed.

One in three smartphone users said they were either "definitely" or "extremely likely" to sign up to the new service when it launches.

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Divorce Battle: Husband Jailed Over Cash Row

A property dealer has been given a six-month jail term after a High Court judge ruled he was in contempt of court.

Scot Young is embroiled in a divorce cash fight with his estranged wife Michelle over missing finances.

Lawyers representing Michelle Young, 48, had argued that her husband, 51, had given the High Court the "run around" after being told to provide details of his finances and should be sent to prison. 

Edward Fitzgerald QC, for Mrs Young, had told the court that Young had been worth £400m in 2006 but had given  "absolutely no explanation" about where that money had gone.

And he said Young pleaded poverty but seemed to be living a lifestyle "consistent with considerable wealth".

Mr Fitzgerald added: "He is going from party to party with champagne glass in his hand and his current girlfriend, some supermodel or other, on his arm."

Young, who represented himself at a High Court hearing in London on Tuesday, said Mrs Young was trying to commit him to prison out of "malice".

He said he had "done everything in my power" and asked judge Mr Justice Moor to give him more time to answer questions about his finances.

Mr Young told the court that he recently been "detained" in hospital under mental health legislation and had been unable to secure the services of a barrister.

He said he had been harassed by "eight private detectives" instructed by Mrs Young and "made unwell". He suggested that he was under greater surveillance than a terrorist.

Young asked for another 28 days to comply with orders.

But the judge said Young was in contempt. "He has not complied," said Mr Justice Moor. "There has been a flagrant and deliberate contempt over a very long period of time."

And he said neither a fine nor a suspended sentence would be a sufficient penalty.

Wednesday's hearing was the latest stage in a lengthy cash battle between the pair.

The Youngs, who both live in London and have two daughters, separated in 2006.

A judge two years ago ordered Young to pay Mrs Young £27,500-a-month maintenance.

Young - who has been described at earlier court hearings as a "property tycoon" - says he is bankrupt and cannot pay. Mrs Young says he has "secreted enormous assets".

The pair's claims are due to be fully argued at a trial scheduled to begin later this year.

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BP Gas Site: Brits Caught Up In Hostage Drama

British nationals are caught up in a terrorist attack at a gas field in Algeria where several workers were taken hostage.

At least eight people, including an Irishman, have been kidnapped from the gas facility part-operated by BP, Sonatrach (the Algerian national oil company), and Statoil in Algeria.

Two people have reportedly been killed in the attack on the plant situated in the east of the country near the Libyan border.

Prime Minister David Cameron is chairing a meeting of the Government's crisis committee Cobra on the attack, attended by ministers from the Foreign Office and Ministry of Defence, as well as officials from other agencies.

A Foreign Office spokeswoman said: "We can confirm that British nationals are caught up in a terrorist incident ongoing near the town of In Amenas at an oil installation near the Algerian border with Libya.

The In Amenas field (courtesy BP.com)

"The British embassy in Algiers is liaising with local authorities."

The Foreign Office said it is working with BP to support the families of those involved.

BP is yet to confirm a link to reports that Islamist militants, said to be connected to al Qaeda, had seized a number of people in an attack that had a possible revenge motive for French military action in Mali.

It said in a statement: "We can confirm that there is an ongoing security incident at the In Amenas gas field in the eastern central region of Algeria.

"The site was attacked and occupied by a group of unidentified armed people at about 5am UK time.

"Contact with the site is extremely difficult, but we understand that armed individuals are still occupying the In Amenas site.

"Our absolute priority is the safety and security of our staff.

"We do not yet have confirmed information on the status of personnel at the site, but believe some are being held by the occupiers."

The company said it was seeking information as to whether any staff or contractors had been injured - and the identities and intentions of the people occupying the site.

It added it was contacting relatives of workers on the site.

A French citizen was killed, according to the AP news agency, which quoted an Algerian security official.

He suggested the attack on the base, about 60 miles from the Libyan border, came at 2am and the militants involved came from Mali.

The official claimed that the Algerian army had since surrounded the militants and their hostages and negotiations had started.

In its statement BP said: "We can confirm that there has been a security incident this morning at the In Amenas gas field in the eastern central region of Algeria.

"The In Amenas field is operated by a joint venture of which BP is a member. Algerian authorities are engaged with the incident; UK authorities have also been advised.

"BP has activated its emergency response system and is setting up a helpline for relatives."

The company did not say whether foreigners were taken away from the facility.

Ireland's Department of Foreign Affairs (DPA) confirmed a 36-year-old married man from Northern Ireland, travelling on an Irish passport, was among those taken.

It is understood that Japanese, Norwegian and French nationals were also part of the group.

Ireland's Deputy Prime Minister Eamon Gilmore called for the Irishman's immediate release.

He said: "The Government stands ready to use all the resources available to us to ensure that our citizen is released as soon as possible.

"I would ask that the family be allowed privacy at this difficult time."

The country's Department of Foreign Affairs added it was providing consular assistance to the family and was in close contact with its international partners and a wide range of other contacts in order to establish the facts of the situation.

A spokesman said: "At this stage, the identity and motives of the kidnappers is unknown."

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Helicopter Crash In London: Live Updates

9:50am

Eyewitness Mark Louis-Sidney: "I heard a loud bang, looked up and I just saw bits of propeller and parts of the aircraft falling off it, and it just plummeted straight down and a huge plume of lack smoke went up. I got on the phone straight away and got the emergency services. It happened in a matter of seconds, it was like it was in the sky and then within half a second it was on the ground. I thought, wait a minute, has this thing been shot out the sky or what?"

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Helicopter Crash: Pilot Worked On Major Films

The pilot of a helicopter which crashed in central London was one of the country's most experienced and had flown in films such as Die Another Day and Saving Private Ryan.

Pete Barnes was killed when the Agusta 109 he was flying hit a crane on a high rise building in Vauxhall and plummeted to the ground.

Mr Barnes had amassed around 12,000 hours of flying time, including 3,500 hours in Agusta helicopters.

During his 18-year career as a pilot the 50-year-old had flown air ambulances and worked as a pilot on adverts and films such as James Bond's Die Another Day, Saving Private Ryan and Tomb Raider II.

He had been working as a freelance pilot for Rotormotion, a company which counts among its clients the Prince of Wales, Prime Minister David Cameron, former PM Tony Blair and the Dalai Lama.

In a statement the firm, which describes itself as a "boutique helicopter charter business", paid tribute to Mr Barnes, referring to the crash as a "tragic accident".

"Captain Peter Barnes, aged 50 from the Reading area, has been flying with RotorMotion since it was established over 15 years ago," the company said.

Mr Barnes had also worked on air ambulances

"He was a very highly skilled pilot, one of the most experienced in the UK, with over 12,000 flying hours.

"We are devastated by the loss of a highly valued colleague and very dear friend. Our thoughts and condolences are with Peter's wife and children."

In 2004 Mr Barnes helped rescue a motorist from a flooded ford in County Durham while working for the Great North Air Ambulance.

Jolyon Palmer, a racing car driver who competes in the Formula One feeder GP2 series, said the pilot saved his life in 2007.

He tweeted: "Helicopter pilot Pete Barnes helped save my life in 2007 after I had a serious quad bike accident. Extremely sad news today."

Mr Barnes also flew the Newcastle Traffic and Travel helicopter as the Voice of Metro FM and worked as a helicopter instructor.

Broadcaster Alan Robson of the Tyneside-based radio station said the pilot was a pioneer of "eye in the sky" traffic reports in this country.

Mr Robson, an award-winning radio host, also worked with Mr Barnes on TV shows, and said that while he would pull off daring manoeuvres, he was safety-conscious.

"The only other place you would hear an eye in the sky was in Los Angeles and places across the States. It generally wasn't done in Britain," he said.

"Then in steps Pete, an absolute hero, and he made it all his own.

"Pete was the pioneer."

Mr Barnes originally worked as a ski instructor and guide in Europe after completing a business studies degree, before going into advertising.

But he later moved to the US to train as a helicopter pilot, earning a US Commercial and Instructors Licence flying helicopters around Florida and the East Coast before moving back to the UK.

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British Soldier Dies From Afghanistan Injuries

A British soldier has died from injuries he received while serving in Afghanistan, the Ministry of Defence has announced.

Sky sources understand the soldier, who has not yet been named, was taking part in a joint patrol in the Lashkar Gah district of Helmand Province when he was seriously wounded in an insurgent attack on Monday.

He was flown back to the UK for treatment at the Queen Elizabeth Hospital in Birmingham, but medics were unable to save him.

Spokesman for Task Force Helmand, Major Chris Boryer, said: "It is my solemn duty to report the death of a soldier from 1st Battalion The Duke of Lancaster's Regiment who has died as a result of wounds sustained whilst on duty in the Lashkar Gah district of Helmand Province.

"The thoughts and prayers of everyone serving in Task Force Helmand are with his family and friends at this extremely difficult time."

The MoD said the serviceman's next of kin have been informed.

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Helicopter Crash In Vauxhall: Pilot Named

The helicopter pilot who was killed when his helicopter crashed in central London has been named as Pete Barnes.

The helicopter hit a crane on St George Wharf Tower, in Vauxhall, amid heavy fog.

It cartwheeled out of the sky, smashed into two cars as it hit the ground and exploded into flames.

Mr Barnes - the only one aboard the helicopter - and a person on the ground were killed, the Metropolitan Police said.

Pete Barnes has been described as an experienced pilot

Mr Barnes, a 50-year-old from the Reading area, had worked for the RotorMotion helicopter charter business for 15 years and had flown aircraft during production of films such as Die Another Day and Saving Private Ryan.

"He was a very highly skilled pilot, one of the most experienced in the UK, with over 12,000 flying hours," the company said in a statement.

It added it was "devastated by the loss of a highly valued colleague and very dear friend".

Twelve people were injured. Five are in hospital, including one with a broken leg, and seven were treated at the scene.

The Agusta 109 helicopter that crashed in central London

One man was rescued from a burning car.

Burning wreckage and aviation fuel covered the road, as cars caught fire and people screamed and ran seeking shelter from the flying debris, witnesses have said.

Two office buildings, five cars and two motorbikes were damaged.

Flames raged and a huge column of black smoke billowed from the crash site just off Wandsworth Road near South Lambeth Road.

Firefighters say the crane is now in a "precarious" position, but rule out any "imminent risk" of a collapse.

They have urged people to stay away from the area while specialists assess the damage sustained by the crane.

Rescue crews searched the River Thames following reports that somebody had been seen in the water after the crash.

Emergency services say the Agusta 109 helicopter was on a scheduled commercial flight from Surrey to Elstree, but was diverted to Battersea due to bad weather.

London City Airport in Docklands had delays earlier in the day due to poor visibility.

Some cars caught fire and one man was rescued from a burning vehicle

Shortly after the crash at around 8am, firefighters, police and ambulances rushed to the scene.

Michael Krumstets, who lives in the area, said he had seen the helicopter hit the crane and the aircraft fall "directly towards us".

"We ran from the side of the road and it hit the road just besides us … and then it exploded," Mr Krumstets said.

Sarah-Beth Casey lives in an apartment near the incident. She told Sky News: "You're always worried about things like 9/11 and things like that.

"When I heard the explosion - it was like a little earthquake. It was like a gas explosion. I looked up to see debris falling off the tower."

The tower is a 185-metre (200-yard) high cylindrical block overlooking the Thames and the Houses of Parliament.

St George Wharf Tower this morning

Bruce Grain, a station manager for London Fire Brigade and among the first to arrive at the scene, said the driver of one of the cars that had been hit managed to get out, while the driver of the other vehicle could not be immediately located.

"Large parts of the helicopter are in the road," Mr Grain told Sky News. "There is debris over surrounding buildings … three buildings."

He said firefighters had extinguished the fire.

David Cameron said rules for helicopter flights over central London would need to be carefully looked at following the accident.

The Prime Minister was "very saddened to learn of the fatalities and injuries" in the crash, his spokesman said.

Aviation expert Chris Yates told Sky News that any tall structure must have a warning light on top to alert pilots. The question is, he said, whether there was a warning light on the crane and whether the pilot would have been able to see it in the foggy conditions.

RotorMotion says on its website that its helicopters "are fully instrument qualified to fly in poor weather conditions".

The company, whose website features pictures of famous passengers including the Dalai Lama, offered its "full support and assistance" to authorities investigating the crash.

The crash, which happened close to a railway line during rush hour, disrupted transport across central London.

Roads were cordoned off and train services were briefly suspended but are now running in and out of Waterloo station, while the Vauxhall tube station was closed but has now reopened.

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