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Olympics security firm gets G8 role

The security firm that failed to provide enough guards for the London Olympics, G4S, has been hired to provide security support at the G8 summit in Northern Ireland next month. In addition to anti-globalisation protesters, Northern Irish police have been charged with securing the summit against militant Irish nationalists, who in March attempted to bomb the golf resort where G8 leaders will meet.

An additional 3,600 officers from England, Wales and Scotland will also be drafted in to join the public order security operation, which police said would be one of the largest ever mounted in Northern Ireland. Northern Ireland Secretary Theresa Villiers said G4S and another company had been given contracts by the Foreign Office to provide 600 staff to work at the golf resort. The security group, the world's largest, sparked fury last year when it failed to provide a promised 10,400 venue guards for the London Games.

MPs to grill Google over tax affairs

A panel of British MPs will next week grill representatives from Google and its auditor Ernst & Young about the search engine's Irish operations, following a Reuters report which highlighted inconsistencies in Google's statements about its UK activities. The Public Accounts Committee will hold the hearings next Thursday. Google has attracted the ire of British lawmakers for the way it pays almost no income tax on billions of dollars of UK sales each year.

At an earlier hearing in November, Google's Northern Europe boss, Matt Brittin, said that all UK sales were conducted from Ireland and that no sales took place from Britain. At a PAC hearing in January, John Dixon, head of tax policy at Ernst & Young in London, told lawmakers his firm checked to ensure a tax client's activities on the ground matched what was claimed in their accounts.

New jobs created at Lloyds amid cull

UK-based Lloyds Banking Group said it will create 275 new roles. Most of the jobs will be in Belfast and Pitreavie in Scotland. Meanwhile, the bank is cutting 850 jobs to reduce costs, bringing the total number of jobs axed by the British bank since its 2008 bailout to around 35,000.

Lloyds, 39pc owned by the British taxpayer, said yesterday the reductions were part of the 15,000 job cuts it targeted in June 2011 in a plan to deliver annual savings of £1.5bn (€1.8bn) by 2014. It has cut 2,340 roles this year. Lloyds said the jobs would go at its commercial banking, retail and other units.

Irish Independent