During the first day of report stage in the Lords last week the government suffered a defeat over the future possible transfer of responsibility for counter-terrorism from the Metropolitan Police to the new National Crime Agency.

BBC: Crime and Courts Bill part two

He reckons that privatisation, which is a transfer of property rights, is not only meaningless but positively counter-productive in a system that has not yet defined these rights adequately.

ECONOMIST: The longer march

"The refund will be available either through a transfer into your bank account, or to you personally at the counter of the post office, " the letter said, according to Reuters.

BBC: Silvio Berlusconi

He added that the counter party of the third contract had "made arrangements to transfer the related business and employees to a third party".

BBC: Daniel Contractors goes into administration