News Headlines - 03 July 2012

The Bank of England told us to do it, claims Barclays - Telegraph

The Deputy Governor of the Bank of England encouraged Barclays to try to lower interest rates after coming under pressure from senior members of the last Labour government, documents have disclosed.

Nicolas Sarkozy’s Home Is Searched in Financing Inquiry - NYTimes.com

The French police searched the home and office of former President Nicolas Sarkozy on Tuesday as part of what his lawyer confirmed was the longstanding investigation into allegations of illegal financing in his 2007 presidential campaign.

David Cameron 'prepared to halt immigration of Greeks into UK' | The Guardian

David Cameron is prepared to override Britain's historic obligations under EU treaties and impose stringent border controls that would block Greek citizens from entering the United Kingdom, if Greece is forced out of the single currency.

RBS and NatWest customers double-charged on loan repayments - Telegraph

There was further misery today for customers of RBS and NatWest when many discovered that their personal loan repayments had been duplicated.

Google's Nexus 7 tablet infringes Nokia patents - The Inquirer

Announced last week, the Asus built Nexus 7 is Google's first own-brand tablet and boasts Android 4.1 Jelly Bean, a quad-core processor and a mere £159 SIM free price tag. However, Nokia has alleged that it is not licensed for certain Nokia patents. It's believed that the patents in question have to do with the IEEE 802.11 WiFi standard, and Nokia told us that neither Google nor Asus have sought to license the technologies.