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In the papers today - Thursday 12th July

Engineers brave strong winds, sub-zero temperatures and sleet - in July - to build Wales's highest tourist attraction.
But despite the wintry weather, construction work on Hafod Eryri, the £8.3 million project to replace the café on the summit of Snowdon with a new building, is only a few days behind schedule - The Times Gordon Brown yesterday promised a 20% increase in the country's house-building programme, claiming 3m homes would be built by 2020. But he appeared to backpedal on his plan, unveiled in 2004, to impose a development tax on landowners who secure planning permission - The Guardian Eurotunnel is aiming to relaunch its freight service in the coming weeks in an attempt to reverse a decline in volume. The company, which yesterday reported a sharp rise in first-half revenues driven by higher shuttle traffic and more passengers using Eurostar services, has been in talks with its freight partners, Britain's EWS and France's SNCF, as well as the UK and French governments - The Guardian The construction services and housebuilding company Kier said yesterday it expected to report profits ahead of market expectations for the year to the end of June. 'Despite a modest reduction in visitors to our sites in the last quarter of the year, our reservation levels remained healthy,' the company said in a statement - - The Independent EDF, the French state-controlled electricity and gas group, has become the second top-tier sponsor to sign up for the London 2012 Olympics. The group joins Lloyds TSB as a tier-one sponsor signed up by Locog, the organiser of London's Olympic and Paralympics games that is trying to raise £2bn towards the cost of the games - The Financial Times Fears about the UK housing market did not hold back Barratt Developments in its past financial year and the housebuilder said it expected to report a 'robust pre-tax profit in line with market expectations'. Mark Clare, chief executive, said it would only be prudent to expect a tightening of the market in the coming year after rises in rates, but that Barratt was well-positioned to cope - The Financial Times

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