FRD close there doors!
Apparently independent British based company, Free Radical Design have shut the doors for good, after the failure of Haze loosing the Star Wars Battlefront III contract and how the economy is right now it's a shame to see them go, the main point on my mind is now what will happen to there Timesplitters series; considering there was supposed to be a 4th one in production, here are some links about it.
http://www.thisisnottingham.co.uk/homenews/185-jobs-risk-games-company/article-558753-detail/article.html
http://kotaku.com/5113037/free-radical-shuts-down
http://www.gamesindustry.biz/articles/free-radical-design-latest-to-face-financial-trouble
http://www.escapistmagazine.com/news/view/88257-Free-Radical-Pulls-The-Plug-UPDATED
While I don't see anything on there website right now, this could still be a possible rumor however with all these articles and there recent predicament it wouldn't be a far off bet to say that they have indeed closed down.
This happened on the 18th December 2008. (Apparently)