BEST BUY CLOSING IN UK

Best Buy Europe, the joint venture between Best Buy Inc. and Carphone Warehouse, has been shuttered after just 18 months in business. In that short amount of time, it lost £80 million ($127 million), largely due to consumer belt-tightening and increased competition from cheaper online retailers. Up to 1,100 jobs will be lost at the eleven UK stores currently open in Thurrock, Bristol and Wolverhampton, among other locations, bringing to an end the company's ambitious plan to open 200 stores across Europe.

At the same time, the US giant declared it would buy out its European partner's stake in the Best Buy Mobile chain as it continues to pull out of unprofitable foreign operations.

UK PRIME MINISTER WANTS OPT-IN SYSTEM FOR ADULT MATERIAL

Looks like Prime Minister David Cameron's not content with just shuttering the internet during social unrest (whilst condemning others who do the same). He's declared that four of the UK's biggest ISPs have entered into an opt-in system for adult material. The move is backed by the Mothers Union but has been flatly denied by the ISPs, who insist they're offering McAfee parental controls with new signups rather than Government-level web filtering. Of course, given the flaky nature of web filtering, any sanguine word that contained an expletive (the word "arsenal", for example) could be impossible to access until you had an awkward conversation with someone over the phone.