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Media monitor: Issue 600 6 Jul 2012

Transport infrastructure boost decried as “the road to nowhere”

On 27 June Stephen King, HSBC’s group chief economist and the bank’s global head of economics and asset allocation research, suggested in a column in The Times that large-scale investment in improved transport infrastructure in the European Union might not be a terribly good idea at the present time. “There are plenty of people on both left and right who think spending money on big public works, particularly those that might bring better connections between European nations,...

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