Gordon Brown's pledge to punish irresponsible bankers sounded increasingly hollow last night, after it became apparent that the City regulator had no immediate plans to crack down on the banks in the £500bn bail-out.

Cheap cigarettes and other tobacco products smuggled into Britain cause 4,000 or so premature deaths a year, four times the number of fatalities occurring through illegal drugs, doctors claim.

EU heads of state plan to use the global financial crisis as an excuse to renege on climate change commitments, say sources close to energy talks in Brussels.

Energy saving light bulbs can emit levels of ultraviolet radiation sufficient to damage the skin, the Government's public health safety watchdog warned.

Consumers are being hit by excessively high gas and electricity prices, Tesco has said, as it criticised Ofgem, the regulator, for not going far enough with the inquiry into energy markets it published this week.

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