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27/12/12

Ex-general fears Syria 'collapse'

24 December 2012 Last updated at 02:08 GMT Professor Sir Paul Newton A sudden Syrian state collapse could lead to a period of Islamic insurgency, Professore Sir Paul Newton has warned. Sending Western troops into Syria too soon could create a power vacuum and a "sudden, uncontrolled state collapse", a retired British general has warned.

Prof Sir Paul Newton said weapons of mass destruction could fall into the wrong hands if the state disintegrated.

His warning comes in a report co-authored with three other Exeter University academics.

Foreign Secretary William Hague has said he would not "rule out any option to save lives" in Syria.

Sir Paul, a former lieutenant general, was part of a strategic military planning team and helped conduct operations in Afghanistan, Kosovo, East Timor, Northern Ireland and Sierra Leone during 38 years in the Army..

The report - written along with Professor Gareth Stansfield, Dr Andrew Rathmell and Professor Jonathan Githens-Mazer - concludes that premature military action by the West could lead to the increased destabilisation of the already volatile situation in Syria.

'Catastrophic'

"Although it may appear attractive in the short-term, the one scenario that must be avoided is sudden, uncontrolled state collapse," Sir Paul insisted.

He added: "This may seem like a paradox given the pressing need to end humanitarian suffering and the risk of the conflict spreading. However, it could be catastrophic.

"If unmanaged disintegration of the Syrian state were to occur, access to weapons of mass destruction would be uncontrolled," he warned.

The 56-year-old, now a director at the University of Exeter's Strategy and Security Institute, believes the recruitment of members of President Assad's regime into the government which replaces it could be vital in avoiding the kind of insurgency activity which dogged Iraq after the 2003 conflict.

'Insurgent threat'

It is feared any power vacuum created by a premature military intervention could be filled by al-Qaeda-linked jihadi groups.

"Without a clear and pre-emptive assurance of amnesty or a similar guarantee for the vast majority of the regime's security apparatus there would also be the prospect of a bitter and protracted insurgent threat in Syria.

"The people with 'blood on their hands' are quite capable of setting up their own 10-year insurgency if they are not included," Sir Paul added.

He said the British government should seek to drive a wedge between the top of President Assad's regime and the bulk of its security services.


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18/12/12

Comet collapse to cost UK £49m

17 December 2012 Last updated at 20:35 GMT Comet store in Hendon, north London Comet went into administration last month The collapse of electrical chain Comet will cost the government £49.4m in redundancy payments and tax revenues, administrators Deloitte have revealed.

The redundancy money owed to thousands of former Comet workers totals £23.2m, and will be paid by the government's Redundancy Payments Service (RPS).

Meanwhile, £26.2m is owed in taxes to HM Revenue & Customs (HMRC).

The last 49 Comet stores will close on Tuesday. Comet went into administration last month.

Big losses

Comet's demise is one of the biggest High Street casualties of recent years.

The 236-store business, which at the time employed about 7,000 people, was bought last year for the nominal sum of £1 by private equity firm OpCapita.

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Founded in 1933 as a business charging radio batteries.

Opened its first store in Hull in 1968.

Bought by Woolworths and B&Q owner Kingfisher in 1984, which expanded Comet into one of the UK's best-known retail brands.

In 2003 Comet became part of Kesa Electricals, after Kesa was demerged from Kingfisher.

It was announced in November 2011 that Comet would be sold to private equity group OpCapita for just £1.

OpCapita was also given £50m by Kesa as part of the deal.

OpCapita bought the Comet from Kesa Electrical, which also gave OpCapita £46.8m of working capital.

However, OpCapita failed to turnaround Comet's fortunes, as the company continued to suffer from the fall in UK consumer spending during the recession, and the big growth in online rivals.

Comet was founded in Hull in 1933 and began life selling batteries and radios.

The closure of the final Comet's stores comes after Deloitte failed to find a buyer for the company.

Deloitte also revealed on Monday that Comet's losses in the year to April totalled £95m, while its revenues slumped by £200m.

In the subsequent five months, Comet lost a further £31m.

Kesa Electricals was renamed Darty in July this year.

Despite having its headquarters in London, it focuses on the continental market - especially France, where it has more than 200 stores under the Darty name.


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