News Headlines - 29 September 2014

Obama: US 'underestimated' Islamic State threat

President Barack Obama is acknowledging that U.S. intelligence agencies underestimated the threat from Islamic State militants in the Middle East and overestimated the ability and will of Iraq's army to fight such extremists.

White House fence-jumper made it far deeper into building than previously known - The Washington Post

The man who jumped the White House fence this month and sprinted through the front door made it much farther into the building than previously known, overpowering one Secret Service officer and running through much of the main floor, according to three people familiar with the incident.

Spain blocks Catalonia referendum on independence - Telegraph

The court said it would suspend the region’s planned independence vote while it considered a request from Mr Rajoy’s conservative government that the vote be declared unconstitutional.
That process is likely to take up to five months, meaning the referendum, due to take place on November 9, seems certain to be declared illegal if it goes ahead.

BBC News - Lloyds dismisses eight staff over Libor

Lloyds Banking Group has dismissed eight staff members following an investigation into the manipulation of some key interest rates set in London.
The move follows the bank's £218m fine in July for "serious misconduct" over the setting of Libor.

BBC News - Battle horse roundabout in Tewkesbury 'best in Britain'

A roundabout in Tewkesbury that features a wooden horse statue has been named Roundabout of the Year.
The award from the UK Roundabout Appreciation Society has been given to the Stonehills roundabout on the A38.