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In the papers today - Tuesday 5th February

Britain's construction industry is growing at it's slowest pace for 16 months, the Chartered Institute of Purchasing & Supply (CIPS) has warned, adding to the case for a reduction of interest rates when the Bank of England's Monetary Policy Committee meets later this week.

CIPS said concerns about the slowdown in the housing market has started to hit companies - The Independent

A blunder in drafting the housing bill will bring £35bn worth of housing association borrowing back on to the government's balance sheet, according to economists and lawyers - enough on its own to break the Treasury's sustainable investment rule. The move would also threaten the government's plans to build many thousands of new socially rented homes, according to the National Housing Federation and Nick Raynesford, the former labour housing minister - The Financial Times

A team of climate experts has ranked the most fragile and vulnerable regions on the planet, and warned they are in danger of sudden and catastrophic collapse before the end of the century. Their assessment warns that it may already be too late to save the Arctic sea ice and the Greenland ice sheet, with the Amazon rainforest listed as the next most vulnerable area - The Guardian

Ken Livingstone has been accused of exaggerating the benefits of the new London low emission zone after it emerged that most of the improvement in air quality that he is claiming would have happened anyway, without the £130M scheme. The Mayor of London yesterday introduced the scheme, under which operators of lorries and vans more than six years old will have to pay £200 a day to enter Greater London or face a fine of £1,000 - The Times

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