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In the papers today - Wednesday 12 March

BAA, the airports operator, yesterday applied for planning permission to build a second runway at London Stansted airport...

..., triggering fierce opposition from environmental campaigners, residents and local authorities – Financial Times

US stocks have staged their biggest advance in more than five years yesterday after the Federal Reserve took its most radical step yet to improve liquidity in financial markets, backed by smaller moves from other central banks – Financial Times

Britain has the most expensive hotel rooms in Europe and is the only European country where a night's stay averages more than £100 – Daily Telegraph

A one-off stressful situation during a day at work can lead to difficulty remembering simple things, researchers reported yesterday – Daily Telegraph

The oil price hit a new record for the fifth consecutive trading session, coming within a whisker of $110 a barrel, as the International Energy Agency warned there was little prospect of energy costs falling far – Daily Telegraph

Campaigners have criticised proposals to double the size of the UK's third busiest airport, Stansted, labelling them "beyond environmental vandalism". BAA submitted plans for a second terminal and runway at the Essex airport yesterday - The Independent

A group of artists including Tracy Emin, Dinos Chapman and Rachael Whiteread have condemned Mayor Ken Livingstone for "destroying" London through the "relentless" development of tall buildings. In their open letter, the artists complained about two high-rise buildings which have put their studios in east London under threat - The Independent

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