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In the papers - Wednesday 10 October

A radical review which could see houses built on previously sacrosanct land and an end to the green belt's 50-year-old role as a buffer zone between town and country is being considered by the government's environmental advisory body…

Natural England's board will meet today to discuss the ideas, which are described in a document seen by the Guardian as "a mature examination of green belt principles to see if and how they can evolve to fit 21st-century circumstances". Under the proposals, the best and most environmentally valuable green belt land would be safeguarded and improved, but some areas could be considered for eco-friendly housing schemes. The Guardian

Southern Water has changed hands once again. A consortium led by JP Morgan's infrastructure investment arm emerged as the winner of the intense auction with a £4.2bn bid for the company, beating rival groups led by Goldman Sachs and Morgan Stanley.
The winning group, called Greensand, included Challenger Infrastructure Fund and Access Capital Advisers, both of Australia, and UBS. The Independent

Carbon dioxide emissions from cars could be slashed by almost a third within a decade, according to a review commissioned by the Government. Chancellor Alistair Darling said that the study, led by Professor Julia King, Vice-Chancellor of Aston University and formerly of Rolls-Royce, showed that it was possible to cut emissions from cars by 25 per cent now and by up to 80 per cent by 2050. The Times

Drink-driving and speeding have made Moscow’s roads among Europe’s most dangerous, but now residents face a deadly new threat - armed drivers. Three pedestrians became the latest victims when a motorist opened fire from his car after complaining that they were walking too slowly on a zebra crossing in the city centre. The Times

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