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In the papers today - Wednesday 20th June

One of London's most deprived boroughs has turned down a £2m offer from Goldman Sachs to build and run a state school.
The US investment bank's failure to persuade council officials in Tower Hamlets to let it set up a city academy highlights the powers of councils to frustrate the government's plans to build 400 business-led academies by 2010 - The Financial Times Six companies have signalled interest in building new nuclear power stations in Britain including a newcomer to the UK electricity industry, showing the strength of enthusiasm for the potential of nuclear power in spite of the problems it has faced. Areva, the French state-controlled nuclear engineering company, has signed up the six companies as possible users of its European Pressurised Reactor design - The Financial Times A company with a near unbeatable record in train punctuality is to take over a huge slice of London's rail and train network. Hong Kong based MTR, in partnership with the old established UK firm of John Laing, is to operate the capital's so-called London Overground system - stitching together the creaking North London Line and the soon to be modernised East London tube line - The Independent Serco, the support services group which operates the Docklands Light Railway, was yesterday named as the preferred bidder on a £400m contract to operate and maintain the new Dubai Metro. The £400m contract, covering the first two lines of the planned metro system, includes a period acting as a consultant from this summer until the Metro launches. The operations period is due to start in the autumn of 2009 and the contract will initially run for five years, with the potential for a five-year extension - The Independent Holidaymakers were warned yesterday to expect summer holiday travel chaos as the first signs emerged that the Government's new border controls are causing significant delays at airports. The introduction of sophisticated scanning machinery by the newly-created Border and Immigration Agency (BIA) has doubled the time it takes to process passengers arriving back in the country - The Daily Telegraph A bra and pair of knickers have been blamed for a flood that damaged more than 20 homes and caused excrement to flow down a street. Northumbrian Water said yesterday that the underwear had been flushed down a toilet and had helped to cause a blockage in a sewer pipe under a road. The sewer collapsed causing the road to crack open on Friday - The Daily Telegraph China is planning to build an asphalt road to the base camp of Mount Everest despite fears that the mountain is already overcrowded. The 65-mile road is being built to ease the path of the Olympic torch to Beijing next year - The Daily Telegraph The government yesterday vowed to press ahead with its plan for a 'right to ring' the whole of Britain's 9,040 miles of coast with a footpath up to 10 metres wide. The environment secretary, David Miliband, chose the white cliffs of Dover to launch the proposals, which would extend the right to roam established by the Countryside and Rights of Way Act 2000 - The Guardian

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