In The Loop: 01/08/08

John Hutton “disappointed” at EDF failure

Mr Hutton commented on the failure EDF and British Energy to agree a deal, saying that he was "disappointed". [PolitcsHome]

Conditions for a rebalanced economy

Samuel Brittan writes in the FT on the need for some perspective on the state of the current economy. He highlights the size of the financial market in the UK (12%) and how growth is not as low as people suggest, pointing towards the still high levels of growth in many developing economies. [FT]

A symbolic nutcracker will not solve the crunch

Stuart Fraser, chairman of the policy and resources committee, City of London Corporation on the need for the EU commissioner, Charlie McCreevy to display more caution in responding to the credit crunch. [FT]

Government and Web 2.0

The Government has launched BuildingDemocracy.co.uk, combined with £150,000 for the top ten ideas submitted on how to strengthen democracy in the UK. [LabourOutlook]

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