British bobsleigher Serita Shone who, along with bobsleigh driver Fiona Harrison, survived a mishap of sorts after a 70mph crash during training for the British Championships in Winterberg, Germany, is recovering in hospital after she having undergone a spinal surgery.

With fall in annual income of families in UK, big grocery stores have also witnessed downfall in sales and income in last three months.

As a result of the fall in annual income, resulting from debt-crisis in the nation, the top stores of the UK are facing a decline in their market position from last 12 weeks. Grocery tycoons of the nation, Tesco and Asda, have been really upset with their persistently falling market position.

The British government has been encouraging the population to build their own houses as soon the territory will be witnessing shortage of houses.

The banks have been asked to give more financial assistance to the residents and the planning limitations have been eased up by the government. The government has been expecting the shortage of around 1 million houses by the year 2015.

According to the National Self Build Association (NSBA), nearly 14,500 new independent or self build homes will come up this year. However, the count was 13,600 in 2010.

Sony has confirmed that its 24-inch PlayStation branded 3D TV/monitor will be arrive in the UK and Europe this autumn, as it was first launched at the Electronic Entertainment Expo 2011 in June.

Also, the 3 dimensional displays is said to provide an accessible entry point, a less expensive alternative for the ‘full-fledged’ 3D-capable HDTV for 3D gaming.

Sources have revealed that Switzerland is looking forward to signature sweeping tax treaties with Germany and Britain, as an attempt to ensure that assets belonging to citizens of those countries held in Swiss banks will no longer escape tax.

Further, it is anticipated that Germany will sign the agreement first, most probably on Wednesday, followed by an identical deal with Britain where both the agreement will have board effects and client will be able to retain their secrecy.

The Britain Government’s decision to buy the trains from the Germany has become the major issue of concern for the train building industry because now they have to fight for every single penny including the jobs.

Philip Hammond, the Transport Secretary said the main reason behind this loss was, because the last labor government did not give much importance to Germany’s social economic conditions, due to which many previous contracts also got cancelled.

The Nigerian woman, for whom NHS has spent up to £200,000, as she gave birth to quintuplets, has been exposed to be working illegally as an Avon Lady.

The 33 year old woman has been distributing cosmetics catalogues for quite a long time. As her visa has expired last month, she was not able to receive the advantage.

Yesterday the German government has pointed out that Britain would need to assist the new EU bailout financially. This bailout is being negotiated for Greece though David Cameron has repeatedly saying that the issue is a "red line" for the government.

There has been different messages received from Berlin and London, it is expected that this would have a conflict between Germany and Britain at an EU summit opening. The summit will be held in Brussels on Thursday.