Across Europe, political leaders have lost the trust of their people | Will Hutton

The retreat of virtue has become a plague of our times. Greed is legitimateThere was a time when to live a life virtuously was well understood. It embraced personal integrity, commitment to a purpose that was higher than personal gain, a degree of selflessness and even modesty. Those at the top may have got there […]
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Labour can make the most of a Britain alive with Olympic spirit | Tim Soutphommasane

All parties will claim the triumph of the Games. But Ed Miliband is best poised to turn it into a new national purposeBy now, Britons may be growing weary of post-Olympic celebration and reflection. But let me add an Australian voice of congratulations to London and Britain. The Games were a stunning triumph. Many Australians […]
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Cameron should know that money in pockets, not austerity, brings growth | Simon Jenkins

David Cameron’s idea for lifting Britain harks back to 1930s Bank of England dogma. What we need is a cash injectionDavid Cameron is right. The government must tackle the deficit while securing growth. The G8 in Washington agrees with him, so do Europe’s finance ministers, so does the IMF’s Christine Lagarde, so intermittently does the Labour […]
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O2 first-quarter profits fall by almost a third

Telefónica-owned mobile network’s year-on-year operating profits fall to €334m as it struggles to retain iPhone customersThe mobile network O2 has suffered a dramatic 33% drop in profitability in its UK business as it battles to retain lucrative iPhone customers.Until October 2009, O2 was the only network in the UK allowed to sell Apple’s smartphone, and […]
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