Mr Cameron will take over the mantle from the outgoing Gordon Brown, who announced his retirement with immediate effect. By the time of the announcment of the nation’s new prime minister, it was clear that the Liberal Democrats had opted against forming a coalition with the Labour party.

The new government will be the first UK coalition government for 70 years; Mr Cameron has the Liberal Democrat leader Nick Clegg as his deputy. The agreement has caused some raised eyebrows inside the Liberal Democrat Party, who have traditionally leant more towards left-wing Labour. But Mr Clegg urged his supporters to show their faith in a new era of change for UK politics.

Mr Cameron, 43, at six months younger than Tony Blair, is the UK’s youngest prime minister for 200 years. Mr Cameron welcomed the appointment and vowed to rid the governing parties of their differences, choosing instead to focus on the greater national interests.

The decision was ultimately reached by the federal executive of the Lib Dem party, where a majority of three-quarters was required to agree to the coalition. The vote to join came close to midnight, after days of sparring and jostling between all parties as both the big players attempted to woo the minority Lib Dems.

The situation, a hung parliament created by the election, meant that the Lib Dems were able to get the Conservative’s to agree to a range of tax changes, as well as a review of the electoral process. Mr Brown had even offered to make the Lib Dem proposals into law before launching a referendum to the public.

The coalition also agreed that Britain would not adopt the euro as a currency under their government.

Peter Sutcliffe, who was charged with 13 counts of murder and seven of attempted murder, was jailed in 1981 for life. Sutcliffe has now applied with the London High Court to grant him an amended finite minimum sentence.

63-year-old Sutcliffe is currently being held at Broadmoor Hospital – a high security facility in London’s west. He was transferred to the hospital in 1984 after authorities found he was suffering from paranoid schizophrenia. The High Court will now decide if the case warrants a full hearing and if so, what evidence should be taken into account.

The initial sentence imposed on Sutcliffe demanded that a minimum of 30 years must be spent behind bars. This three-decade long stipulation will expire next year.

Sutcliffe, now known as Peter Coonan, began his killing rampage against young women and prostitutes in the north of England in 1975. His reign of terror held sway over Britain until he was finally jailed in 1981. A truck-driver from west Yorkshire, Sutcliffe murdered eleven of his victims in his hometown. His methods usually involved beating his victims with a hammer to the head and repeated stabs to the stomach and chest with either a screwdriver or knife.

Gordon Brown, the British Prime Minister, has gone on record saying that a release would be very unlikely.

A company which specializes in providing homestay experiences around the world, crashpadder.com, has interviewed more than1,200 people.

From the results of the poll, it emerged that a large proportion of the respondents, 72%, were planning to uses various online resources in order to get information for their upcoming holidays. This was an increase of 8% over the previous years.

Also, 66% of the people surveyed claimed they would actually book their holidays online, compared to 55% in 2009.

The research also indicated that holidaying within the United Kingdom is becoming increasingly popular. For the coming year, 71% of respondents claimed they were planning to take their holidays in Britain, which represents a jump 6% over last year.

Consumers in the UK are increasingly making use of the web in respect to their holiday because it gives them access to lower fares and the internet is viewed as a means of simplicity and transparency.

Stephen Rapoport, the founder of Crashpadder.com, said that the internet has involved into a powerful tool to make expensive purchases such a travel bookings.

Hundreds, even thousands of impartial resources are currently available online and several of them are describing airlines, locations and hotels. They also are great way to compare different holiday packages.

Mr. Rapoport said that the web provides a level of transparency which does not exist with traditional travel agencies.

The tale of a man sent on a mission to infiltrate an alien race, generated another 5.5 million pounds, based on comments made by Screen International on Tuesday and rapidly closing in on “Titanic” – also by Cameron — as the biggest-grossing film of all time.

The science fiction epic failed to break the symbolic 10 million-pound barrier as it débuted in the United Kingdom and lost its number one spot in just one week.

However, it subsequently steadily managed to gain momentum over five weeks and has until now taken 49.3 million pounds in its British run.

In second sport was the remake of “Sherlock Holmes” by Guy Ritchie with Robert Downey Jr. as the legendary detective while Jude Law portrayed Dr Watson “Alvin and the Chipmunks: The Squeakquel” managed to climb back up to third.

Meryl Streep plays restaurateur at the crescendo of a love triangle in the fourth place “It’s Complicated.”

Up at number five was “Up in the Air” with George Clooney as a corporate frequent flyer in the midst of a travel clampdown while “The Book of Eli”, with Denzel Washington portraying a man on a sent in post-apocalyptic America made its debut at six.

Slipping from third to seventh place was the vampire movie “Daybreakers,” with Willem Dafoe and Ethan Hawke.

“The Road,” the motion picture version of Cormac McCarthy’s dark novel came in eighth, while “Did You Hear about the Morgans?” ranked down at nine from seven.

At number ten was “St Trinian’s 2: The Legend of Fritton’s Gold.”

These numbers rise to a staggering 24 percent when the study specifically focuses on 18-34 year olds.

The survey carried out by the charity Shelter reveals that as many as one in five people in the 18 to 44 age category have waited to begin a family for as long as six years, while 37 percent of these people believe the cost of housing gin the UK will further delay their plans for children for extra four years.

Shelter director of policy and campaigns Kay Boycott said that these numbers demonstrate just how much of a pervasive situation the housing crisis has created.

Shelter claimed that delaying the child bearing years could affect a woman’s fertility as they put off having kids until they can afford a reasonably priced home.

Officials at Shelter have claimed that some British lenders charge as much as 500 percent on loans and need to be investigated by authorities.

A spokeswoman with Infertility Network UK, Susan Seenan said there is a declining rate of success for fertility treatment with age, from 30 percent for women who is younger than 35 years of age to an alarmingly low 3 percent for women in their early forties.

Federation of Small Businesses representative Stephen Alambritis said that there is a concern stemming from the fact that harvest for such items as cabbages, potatoes and sprouts have not been able to be brought on time by British farmers an may result in the quantity available in stores as well as higher prices.

Alambritis also said that although large chain supermarkets could hold prices at normal levels for the moment, smaller stores will have no other choice but to boost prices up for as long as the bad weather persists.

But, he added, if the bad weather is still present in February, even big chains will have to increase their prices.

In a bid to be able to offer vital services and bring milk to isolated areas, the Department for Transport has allowed for extended delivery times.

The bad road conditions had to prompt officials to relax European Union regulations in terms of delivery of foods and has resulted in British drivers spend an extra daily hour on the road  which extends their regular shifts to an average of ten hours.

The longer hours are appreciated by Agriculture officials.  A representative for Defra said that tankers couldn’t get through some areas. He said that this little extra time made a huge difference for those living in isolated areas.

It’s been reported that long shipping times for milk have resulted, in a few instances, in farmers being forced to throw tones of fresh milk away. This resulted in diminished supermarket supplies, higher prices and hard hit dairy farmers being hit even harder.

However, Defra claimed that there were no current food shortages experienced in the country.

Both Sainsbury’s and Tesco have seen record sales for this period of the year and have claimed that there shelves were full.

Residential properties in southern England’s priciest street are valued at more than four times the cost of the ones located on the most expensive street in the north, a real estate research has shown.

Quoted as being the most expensive place to reside in either England or Wales, Wycombe Square in Kensington and Chelsea, has an average house price of £5.4 million, according to real estate consultancy firm Halifax.

The research also exposed that the 20 priciest residential streets are in the Wycombe Square area and that Greater London possesses all of the 10 most expensive homes in the country.

Outside of southern England, the most expensive street is Withinlee Road in Macclesfield, where the average residential address costs £1.2 million.

The following two priciest streets in the north of England are both in Altrincham, Cheshire. These include Park Lane, where properties are said to be valued at £1.2 million, while the ones located in Eyebrook Road are at £1.1 million.

In the south, the priciest street outside Greater London is said to be Moles Hill in Leatherhead, Surrey, where the average home costs £2.6 million, which is followed by Leys Road, in the same town, with prices averaging £2.5 million per house as well as Woodlands Road West, located in Virginia Water, Surrey, with £2.5 million.

As for Wales, the most expensive street is Druidstone Road, in Cardiff’s Old St Mellons district. The average residential property there costs around £621,000.

The report also revealed that of the nine regions of England and Wales, five are said to have streets which have properties costing in excess of £1 million.

The new agency will be responsible for all UK space activities, and will act as a replacement for the soon-to-be abolished British National Space Centre (BNSC).

At the moment, the space policy of Britain is operated by a loose association between research councils and various Government departments.

The body, which is still unnamed, will gather them all under one unit and promote an enhanced strategic approach to space.

The announcement comes after a 3-month public consultation which aimed at elaborating funding strategies as well as ways to organise the civil space sector.

In Europe, national space agencies which act as a stand alone entity already exist in Germany, France and Italy, and they are also funded by single budgets. In Britain, by contrast, all space decisions have been devolved to a group of “users” which are facilitated by the BNSC.

A strong supporter of a British space agency, Lord Drayson said the British space sector was not destabilized by the economic downturn.

He added that this a good example of exceptional growth achievements and continuing job creation spurred UK science and entrepreneurship.

He made the revelation at the Rutherford Appleton Space Conference in Didcot, Oxfordshire.

Six Government departments will be united under the umbrella of the new agency as well as the Met Office and the Technology Strategy Board.

The space and satellite sector in Britain has experienced some 9% annual growth since 1999/2000, which represents more than three times the rate in the UK economy at large.

The space sector is said to contribute £6.5 billion annually to the British economy and 68,000 jobs are directly linked to it.

The BRC warning echoes recent figures demonstrating that consumer confidence has remained at the same level for the third consecutive month.

Consumer confidence index in the UK remained steady at 73 percent, stabilising from the positive surge experienced since January.

Chief economist at Nationwide Martin Gahbauer explained that consumer confidence had remained unchanged due to ongoing pessimism concerning the present economic situation instead of the future.

According to the BRC survey, 70% of the respondents now believe the British economy is not showing sign of health in the wake of the unveiling of the pre-Budget Report by the Chancellor.

Despite the current doom and gloom, the majority of the people interviewed did believe the economy will turn around in about 6 months as retailers all pulling all stops to convince shoppers to buy.

Clothing and footwear shops have already begun to promote their deals and shops specializing in electrical product are expected to follow suite.

Stephen Robertson, the director general at BRC, said huge cut-throat competition is contributing to the low prices as retailers squabble over shoppers with further offers and promotions than last year.

According to BRC, the annual rate of inflation experienced in retail was of 0.2% during the month of November, practically the same as a year ago.

The campaign, spearheaded by The British Beer and Pub Association and the Society of Independent Brewers, was launched as reports say 50 drinking establishments per week are closing in the country.

Dubbed “I’m backing the pub”, the undertaking is urging the British government to cut beer tax. The move comes as a poll demonstrates that 80% of Britons believe pubs are an integral part of the British lifestyle.

The group is calling on the government to cancel the 8% spike in tax applied to beer which was introduced last January when VAT was cut, although it will resume at 17.5% on January 1, 2010. They’re also calling for the scrapping of a 2% above inflation duty increase suggested in the last budget.

According to a ComRes survey, 71% of 1000 British adults believe more action is required to promote and support the pubs, while 77% said they represent a valuable contribution to the country’s economy.

BBPA chief executive Brigid Simmonds said the poll revealed a compelling public consensus in regards of implication of the pub to the character of Britain.

Ms Simmonds said that information comes along concerns for the huge number of pub closures currently witnessed and a call for action to back this industry.

She added that government, industry and all Britons who appreciate the pub must now work together to implement new policies which will contribute to the promotion of the ‘great British pub.’