ALMOST £1 billion (€1.07bn) of Libyan currency held in Britain will be released to the country’s central bank after the UN Sanctions Committee approved the measure.

Libyan rebels have pledged to launch an assault within days on Muammar Gaddafi’s home town, the ousted strongman’s last major bastion of support.

MUAMMAR GADDAFI’S wife and three of his children fled Libya to neighbouring Algeria yesterday, firm evidence that the longtime leader has lost his grip on the country.

The Lockerbie bomber has been tracked down to his villa in the Libyan capital, where he is apparently comatose and near death.

LIBYAN rebels have rejected an offer by Colonel Muammar Gaddafi to negotiate and said they have captured the eastern town of Bin Jawwad, forcing regime loyalists to flee after days of fighting.

Libyan rebels today rejected an offer by Colonel Muammar Gaddafi to negotiate and said they have captured the eastern town of Bin Jawwad, forcing regime loyalists to flee after days of fighting.

Libya's opposition leader has said rebels captured a third son of Gaddafi.

THE trappings of Muammar Gaddafi’s regime crumbled last night as hundreds of Libyan rebels overran a major military base defending the capital and raced onto the streets of Tripoli amid unconfirmed reports that Gaddafi’s son and key aide, Saif al-Islam, had been captured by the rebels.

The trappings of Muammar Gaddafi’s regime crumbled tonight as hundreds of Libyan rebels overran a major military base defending the capital and raced to the outskirts of Tripoli with virtually no resistance.

Rebels clashed with regime loyalists and staged large anti-government protests around Tripoli today.

Libyan rebels fighting Muammar Gaddafi’s forces say they have launched a major push toward a key town along the Mediterranean coast near Tripoli, backed by tanks and rocket fire.

THE government of Muammar Gaddafi denied a rebel report yesterday that a NATO air strike had killed the Libyan leader’s powerful son Khamis, commander of one of the government’s most loyal and best-equipped units.

The Libyan government has denied rebel reports that Muammar Gaddafi's youngest son was killed in a Nato air strike on a front-line town in western Libya.

Muammar Gaddafi’s youngest son has been killed in a Nato air strike, according to unconfirmed reports received by Libyan rebels.

Muammar Gaddafi’s forces pounded rebels near their port-city redoubt in western Libya today.

Libyan rebels battled their way back into a major oil port just 30 miles (50km) west of Tripoli today, forcing Muammar Gaddafi’s troops to close the vital coast highway and key supply route from Tunisia.

Libyan government forces have pounded the outskirts of the rebel-held city of Misrata, killing at least 22 people, a hospital physician said today.

Italian premier Silvio Berlusconi cast doubt on Libyan reports that Muammar Gaddafi’s son and three grandchildren were killed in a Nato air strike, saying coalition forces believed the claim to be “propaganda”.

LIBYAN rebels pushed further west last night to retake more territory abandoned by Muammar Gaddafi’s retreating forces, which have been weakened by Western air strikes.

The closest rebel-held city to the Libyan capital has fallen to Muammar Gaddafi’s forces.

Libyan leader Muammar Gaddafi's children flaunted their wealth plundered from the country and behaved like mini-tyrants, according to secret US diplomatic memos.

Libyan protesters and security forces battled for control of Tripoli’s city centre overnight, with snipers opening fire and Muammar Gaddafi supporters shooting from speeding vehicles, witnesses have said.

CAR bomb attacks killed at least 21 people and wounded 96 in the Iraqi capital Baghdad yesterday.