LOCAL ELECTIONS: LABOUR WINS BIG Labour is expected to win 700 new seats in local elections, with a projected vote share of 39 per cent to the Conservatives' 31. Ed Miliband's party has made significant inroads into southern and Midlands councils. But Tory Boris Johnson is expected to be re-elected as London mayor, despite his party's unpopularity. Labour wins big as UKIP eats into Conservative support
FACEBOOK SETS VALUE AT $95 BILLION Facebook has set the share price for its initial public offering (IPO) on 18 May at between $28 and $35 per share, valuing the company at between $85bn and $95bn.
PARIS (Reuters) - Former French leader Nicolas Sarkozy won a court fight on Tuesday for the right to rename his conservative party "The Republicans", a prelude to an expected attempt to win back the presidency in 2017.
ED MILIBAND FACING INTERNAL REVOLT Ed Miliband is facing growing discontent from within his own party, say reports. Although Labour topped the local polls in England with 31% of the vote, its share of the vote was seven points below...
Prime Minister David Cameron will keep his seat and will likely score a majority once all the votes are counted. After his loss, Ed Miliband is expected to resign as the leader of the Labour Party.
UKIP: HUGE GAINS AT LOCAL ELECTIONS The UK Independence Party has hugely increased its number of councillors at yesterday’s local elections in England. Votes are still being counted but the party claims it will win 100 seats. The Co...