News Headlines - 30 August 2012

▽London Metropolitan University visa licence revoked: Q&A | guardian.co.uk

Because of what the government has called "serious systemic failure" in its monitoring of its international student body. It says UK Border Agency checks suggest that in more than a quarter of the cases it sampled, the students did not have permission to stay in the country, a "significant proportion" did not have sufficient English and there was no proof that half of those sampled were turning up to lectures.

▽Drunk Driver Jailed For Injuring Paralympian

A farmer who left a Paralympic cycling champion for dead in a hit-and-run accident has been jailed for 18 months.

▽Phone Hacking: Tom Crone, former News of the World legal manager is arrested - Telegraph

He was arrested on suspicion of conspiring to intercept communications and was taken to a local police station for questioning.

▽Credit card borrowing shows biggest decline in six years | guardian.co.uk

Borrowing on credit cards suffered its biggest fall in almost six years in July as consumers kept a tight rein on their spending. Figures from the Bank of England showed a net fall of ￡147m in credit card lending during the month – the first drop in three months and the biggest since August 2006.

▽Hon Hai CEO has left Japan, no deal yet with Sharp: Jiji

Hon Hai Precision Industry Chief Executive Terry Gou left Japan on Thursday afternoon, leaving ongoing talks on a capital alliance with Japanese electronics maker Sharp Corp unsettled, Jiji news agency said.