News Headlines - 26 September 2011

▽Labour Party Conference 2011: Labour launches tax war on 'bad' businesses - Telegraph.co.uk
http://www.telegraph.co.uk/news/politics/labour/8790885/Labour-Party-Conference-2011-Labour-launches-tax-war-on-bad-businesses.html
Private equity firms and businesses deemed to be “asset strippers” will face higher taxes under a Labour government, Ed Miliband will warn tomorrow.

▽Ken Livingstone vows to cut London transport fares if elected next year - The Guardian
http://www.guardian.co.uk/politics/2011/sep/26/ken-livingstone-transport-london-fares?newsfeed=true
Ken Livingstone has pledged to save Londoners "hundreds of pounds" a year by cutting bus, train and tube fares by 5% if he wins the mayoral election next year.

▽Lockerbie case closed, says Libya - The Press Association
http://www.google.com/hostednews/ukpress/article/ALeqM5ic9edzCrATEzModOxvJdXrG_FGIA?docId=N0594921317035498609A
Scottish prosecutors' hopes of help with their investigation into the Lockerbie bombing look set to be dashed after Libya's interim justice minister reportedly said "the case is closed".

▽Sir Stelios plans rival airline, says EasyJet - Financial Times
http://www.ft.com/intl/cms/s/0/8e95ac7a-e849-11e0-ab03-00144feab49a.html#axzz1Z69Cw34T
EasyJet sent shockwaves through the aviation world after Europe’s second-largest low-cost carrier said Sir Stelios Haji-Ioannou, its founder and largest shareholder, was planning to set up a new airline.

▽Shipwreck of SS Gairsoppa discovered with £155m silver haul onboard - Telegraph.co.uk
http://www.telegraph.co.uk/news/worldnews/8790458/Shipwreck-of-SS-Gairsoppa-discovered-with-155m-silver-haul-onboard.html
A British cargo ship sunk during the Second World War has been discovered in the Atlantic with the world's largest ever haul of precious metal onboard.