UPDATE 1-Kent Reliance confirms in talks with J.C. Flowers

LONDON, July 12 (Reuters) – Kent Reliance Building Society (KRB_p.L) confirmed on Monday it was in talks with U.S. private equity firm J.C. Flowers and Co on creating a joint-venture to bolster its balance sheet while remaining a mutual organisation.

Kent Reliance said the new structure would allow for substantial new capital investment to support the 150-year old building society, which is owned by its members.

Sources told Reuters on Sunday that J.C. Flowers, which previously tried to buy Britain’s stricken bank Northern Rock, would combine a 50 million pound ($75 million) investment with the assets of the British building society in a new vehicle. [ID:nLDE66A0B1]

The building society would retain control with a 51 percent stake, sources familiar with the matter said on Sunday.

Kent Reliance, which is the only building society based in the south-east England county of the same name, made a pretax profit of 2.26 million pounds in 2009 and had assets of 2.26 billion pounds at year-end.

(Reporting by Paul Sandle; Editing by Kate Holton)

Bangladesh skipper slams board for investing in flowers instead of technology

London, Mar 23 (ANI): Bangladesh skipper Shakib Al Hasan has slammed his own board for investing in flowers rather than getting latest umpiring technology at their disposal.

With a lack of latest technology at their disposal, officials have not been able to refer to TV replays during the current Test series.

Bangladesh has suffered, with three howlers going against them on Monday, The Sun reports.

And after the Mirpur Stadium was covered in garlands for ICC President David Morgan, Shakib claimed his board’s priorities are all wrong.

“If we’d taken the referral system, they would have had to spend money. But I think it’s more important than all these flowers.”

Shakib thinks England would be facing defeat in the second Test if the television referral system was in place in Mirpur.

Ian Bell, Matt Prior and Tim Bresnan survived close calls as England took a 21-run lead at stumps on day three.

“You have seen the TV. You have seen what the decisions were and what the decisions should have been. It is really bad for us that we did not use the referral system.”

The Umpire Decision Review System can be used in any Test series, but the home board and home broadcaster are liable for the cost and implementation of the technology.

“I think we would have asked for a referral four times with full confidence. Three of them would have come our way, 100%,” said Shakib. (ANI)

89-year-old Brit woman faces losing plot for growing flowers, not veggies!

London, June 29 (ANI): An 89-year-old British woman faces losing allotment for growing flowers instead of vegetables.

Edith Avery, of Cefn Road, Rogerstone, near Newport, south Wales, was informed that her plot of 30 years would be cleared due to her failure to comply with the Rogerstone Community Council regulations.

“They said there should be veg on there and I did have veg for years and years, but I’m 89 now and I don’t find it easy so it’s gradually gone over to shrubs and flowers,” the Telegraph quoted her as saying.

“It’s quite well tended, it’s not neglected, but they said they’ve got a list of people who want allotments.

There are so many that are unattended and overgrown, but it seems they want this one,” she added.

Newport West MP Paul Flynn, who is fighting widow Edith’s case, said: “Her offence is that she is growing flowers. There are many neglected overgrown allotments nearby that cry out for the councillors’ attention. I have appealed to the council to show a little common sense and flexibility.

Destroying her work of 30 years would be a cruel and heartless act.” (ANI)

Designer purses designed to look like flowers sell for 1,000 pounds

London, Apr 20 (ANI): Designer purses designed in the shape of flowers, stones and even a cactus are selling for as much as 1,000 pounds in the market.

The designer, Kathleen Dustin, creates the accessories from clay, and she has revealed that the purses have been designed for women who are confident about their style.

“Most people are amazed at them. They are for the woman who is very confident in her own personal style because they make a very strong statement,” the Telegraph quoted her as saying.

Dustin, 58, from New Hampshire in America, said she had drawn her inspiration from observations made throughout her life.

“The imagery of my work comes from taking a deep look at my life, responding to it, and expressing it so that it strikes a chord in someone else too, encouraging them to pay attention,” she said.

“I’ve been paying attention to elements in the woods such as seed pods, buds, moss, grasses, leaves, sticks and stones.

“My hope is that it causes someone to pay attention to a tiny seed pod or to the feeling of grass under ones feet, to pay attention to the small mundane things in one’s life.

“These purses are functional, you are supposed to touch them, caress them and examine them,” she stated.

She also revealed that she only makes 200 of the limited edition purses a year, each painstakingly handmade by using coloured Polymer clay and then sculpturing the extraordinary designs before baking them in an oven.

“When finished they are flexible and lightweight so they can be banged around and are quite functional. My idea is for someone to use a purse from time to time for special events and then display it when not in use,” she added.

The designs, which are all unique, range from 200 pounds to 1,000 pounds, and can be ordered through her website www.kathleendustin.com (ANI)

Cash strapped UK Govt. departments castigated for spending 780,000 pounds on flowers

London, Mar. 16 (ANI): British Cabinet ministers have come under fire for spending nearly 780,000 pounds on flowers in the last four years, when UK citizens are struggling with the economic downturn.

The business secretary Lord Peter Mandelson was severely criticized for spending more than 2,000 pounds a month on blooms since his return to the cabinet.

“It seems an extraordinary amount when the rest of the country is feeling the pinch. Peter Mandelson should be putting his energy into protecting business, not into decorating his office,” the Sunday Telegraph quoted, Conservative MP Jeremy Hunt, as saying.

Figures obtained by the Tories disclose that the Department for Children, Schools and Families ran up the largest bill of 174,600 pounds on potted plants and cut flowers.

The Foreign Office came second by spending 106,053 pounds.

The money was spent on providing floral arrangements for official dinners and events, and bouquets for visiting dignitaries such as Carla Bruni-Sarkozy, France’s first lady.

“When times are tough, it is crazy that the Government is spending so much on pot plants. Each department needs to think carefully about whether this sort of spending can be justified. People up and down the country will be outraged at this waste of taxpayers’ money. When everyone is struggling to get by splashing out such vast sums on pot plants is a complete waste,” the shadow culture secretary Hunt, who obtained the figures through parliamentary questions, said.

Others spending heavily on flowers include the Department for Environment, Food and Rural Affairs which paid out 79, 871 pounds. The Department of Heath has spent 15,000 pounds since last April. (ANI)