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The Financial Times
Policy makers hope idea will increase lending but risk of a bubble remains
Another month of lacklustre activity in factories has highlighted the extent of the UK’s reliance on domestic consumption for growth
Osborne’s top-down solution and idea of metro mayors comes under fire
Devolving power to the regions has been promoted as they key to driving growth and rebalancing the economy, but some business figures appear to be less convinced.
The French group’s bid to crack India’s tricky car market involved a rethink from the bottom up
It was certainly a counterintuitive move. A group of major oil and gas producers, including BP and Shell said yesterday that they could live with a global carbon tax.
(They did it because gas is cleaner than coal, so it will help promote the use of natural gas)
Companies and Markets
Investors back off sterling, cuddled up to the dollar and consigned the yen to a fresh 12 year low as a raft of construction and manufacturing indicators drove sentiment at the start of a data-rich week for currency traders.
Black hole in £12bn welfare savings plan
Britons are miserable at work but happy in their love lives, according to an EU study.
The world’s biggest chipmaker, a Silicon Valley stalwart that likes to think of itself as among those turning science fiction into science fact, has taked a $16.7bn step into the Hollywood-style realm of facial recognition software and driverless cars.
The Daily Telegraph
Lowest global birth rate undermining Europe’s powerhouse
Resurfacing company Toppesfield is expanding rapidly
Matthew Pryor is on a mission to fix the nation’s potholes. He runs Toppesfield, the fastest growing road-resurfacing company in the UK, which has doubled in size for two years running.
David Cameron wants to use the upcoming EU referendum to “dock” Britain permanently to Europe, the EC president Jean-Claude Juncker claimed yesterday, in remarks that will be met with dismay in Downing Street.
Worries about the unbalanced nature of Britain’s economic recovery intensified yesterday after news that UK factories struggled to crank up output in May amid flagging overseas demand