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Shortage of trust in British economy

By Laura Miller People in Britain no longer trust financial institutions, the markets or the government’s ability to manage the economy, according to a new poll published today. Britain came bottom for economic confidence in the poll of 17 countries, including the major G8 economies and developing countries like China and India. Out of the… Read more »

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Mervyn Davies to join government under Peter Mandelson
Mervyn Davies to join government

By Alex Stevenson Standard Chartered chief executive Mervyn Davies has been appointed trade minister by Gordon Brown. Mr Davies, who will become a life peer, will be tasked with getting banks to resume lending to businesses as the government launches its ‘real help’ package of measures helping firms struggling to access capital for working finance… Read more »