U.K. Launches Inquiry Into Historical Child Abuse Allegations

U.K. Home Secretary Theresa May announces independent inquiry into whether public bodies “have taken seriously their duty of care to protect children from sexual abuse.” * Inquiry will be led by “appropriately senior and experienced figure,” May says *Inquiry won’t report before May 2015 general election *Separate probe into Home Office handling of historic abuse claims to be led by Peter Wanless, CEO of National Society for the Prevention of Cruelty to Children *Review to take between 8 and 10 weeks, May says *May makes statement to Parliament in London

Before it's here, it's on the Bloomberg Terminal.