PRESS DIGEST- British Business - Nov 13

Reuters

Nov 13 (Reuters) - The following are the top stories on thebusiness pages of British newspapers. Reuters has not verifiedthese stories and does not vouch for their accuracy.

The Telegraph

POLITICAL ROWS OVER ENERGY 'WILL LEAVE BRITAIN DEBATING INTHE DARK'

Political rows over energy policy will leave Britain "havinga debate in the dark" as investors are spooked from building newpower plants, wind farm developer Dong Energy warned.

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BRITISH AIRWAYS BATTLES ON IN HISTORIC PENSIONS DISPUTE

British Airways, a unit of International Airlines Group, said it will continue to fight its former employeesbattling to recoup money from the airline's pensions fund, afterthe first of the cases to come to court has been judged in theemployee's favour.

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The Guardian

FALL IN INFLATION TO 2.2 PCT WELCOMED BY GOVERNMENT

Inflation has dropped to its lowest rate in more than ayear, catching financial markets off guard and scaling back betsthat interest rates in the UK will rise any time soon. The risein the cost of living was just 2.2 percent in October, down from2.7 percent in September as measured on the consumer price index(CPI).

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ROYAL BANK OF SCOTLAND FACES FURTHER FINES OVER SUB-PRIMEMORTGAGE CRISIS

Royal Bank of Scotland is still facing potentiallypainful penalties from the U.S. authorities over the sub-primemortgage crisis, the Treasury select committee of MPs was warnedon Tuesday by Robin Budenberg, the outgoing chairman of UKFinancial Investments (UKFI).

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The Times

EDF ACCUSED OF BLACKMAIL OVER CALL TO CUT GREEN LEVIES

MPs and energy experts rounded on EDFEnergy for"blackmailing"the government after threatening to raise energybills unless consumer-funded green levies were slashed. TheFrench state-backed energy company, one of the Britain's "bigsix" energy suppliers, increased prices by 3.9 percent onTuesday.

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AS FLOATS GO, PETS AT HOME IS THE CAT'S WHISKERS

KKR & Co LP, which bought Pets at Home, Britain'sbiggest pet shop chain, for 955 million pounds in 2010, hasappointed Goldman Sachs, Bank of America Merrill Lynch andNomura, in addition to its in-house capital markets division, toadvise on a potential listing.

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The Independent

NEARLY A MILLION UNDER-25S STILL UNEMPLOYED DESPITE GROWTH

Young people in Britain are experiencing a "joblessrecovery" as unemployment among them rises while older peoplefind work, according to a study published on Wednesday. TheInstitute for Public Policy Research (IPPR) said unemploymentrate among 25- to 64-year-olds fell 0.2 percent to 5.6 percentin the past year, while it rose by 0.5 percent to 21 percent foryounger job-seekers.

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SUPERMARKETS GIVE FARMERS A RAW DEAL, SAYS PRINCE CHARLES

Prince Charles has accused the big supermarkets and theirshareholders of profiting from Britain's farmers while taking on"none of the risk" of dealing with the roller-coaster economicsof food production.

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