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Libya: Huge fire as rockets hit fuel tanks near Tripoli

A rocket attack on fuel tanks near Tripoli airport in Libya has caused a huge "out of control" fire as clashes between rival militias intensified.

Smoke rises in the sky near Tripoli
Smoke rises in the sky after a rocket hit a fuel storage tank near Tripoli. Credit: Reuters

"It is out of control. The second tank has been hit and the firefighters have withdrawn from the site as the fighting has resumed in the area", the National Oil Company Mohamed Al-Harrai told Reuters.

Read: Embassy convoy attacked as Brits told to flee Libya

National Trust: Protect nature reserves from fracking

Nature reserves are not currently among the protected fracking areas.
Nature reserves are not currently among the protected fracking areas. Credit: Gareth Fuller/PA Archive

The National Trust has welcomed new government guidelines dictating that applications for fracking in protected areas such as National Parks should be refused in all but "exceptional" circumstances.

The organisation said it was "right" that the Government addressed concerns about the impact on "special places", but called for the measures to be extended to nature reserves and other wildlife sites.

This is a significant change in approach from DECC. We hope it will reflect a much more cautious approach that recognises the risks of turning some of the most special places in the country over to industrial scale extraction of shale gas and oil.

– Richard Hebditch, National Trust

Lloyds fined for fixing fees for taxpayer help

About £70 million of Lloyds' fine from financial regulators is for trying to manipulate the fees payable to the Bank of England for taking part in a government scheme to support British banks during the financial crisis.

The group is set to pay a total of £218 million to UK and US authorities after it became the latest lender to be punished over the rigging of interest rate benchmarks.

Lloyds bank
Lloyds Banking Group is to pay £218 million in fines to UK and US authorities. Credit: Press Association

Lloyds said the manipulation took place between May 2006 and 2009, adding that those involved have either left the company, been suspended or are subject to disciplinary proceedings.

Barclays was the first to settle Libor rate-rigging claims, paying £290 million in penalties to US and UK regulators in June 2012, while state-backed Royal Bank of Scotland was hit with a £391 million settlement.

Read: Facts about Libor and the banking scandal

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