Financial Times

Posen to step down from Bank of England The external member of the Monetary Policy Committee was the most influential voice seeking looser monetary policy during the past three years Hollande holds line on tax and troops French president tells UK’s Cameron he will not reverse pre-election pledges on financial transaction levy and Afghan withdrawal UK fears sound of a Greek exit The impact of a eurozone member leaving the bloc would certainly hit Britain’s economy and affect banks largely through indirect exposure to Europe Time to end ‘Camerkozy’ economics David Cameron’s response to every downturn is to lecture the eurozone and argue that nothing is his fault, writes Ed Miliband PM urges Treasury on cheap borrowing Cameron suggests increasing the use of government guarantees of private borrowing to boost investment as a way to spur growth

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