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News stand What the papers say

THE GUARDIAN

The New York Metropolitan Transportation Authority plans to sell its station names to the highest corporate bidder. The authority hopes to use sponsors' money to lower a £293M projected budget deficit. Critics fear the move represents a sponsorship deal too far.

Barclays and Lloyds TSB have taken on £100M of German bank WestLB's original £433M loan to finance the building of the new Wembley stadium. Initially no UK banks were prepared to finance the stadium. Wembley National Stadium Limited insisted last week the redistribution of the loan did not represent an increase.

Britain will fail to meet government targets to produce 10% of electricity from renewable sources by 2010 according to experts. They blamed over dependence on wind farms and argued the case for increased use of nuclear power. The government and Greenpeace insist the targets are achievable.

A third of England's chalk rivers are in poor or very poor condition due to the effects of sprawling urban development, intensive agriculture and low rainfall. An Environment Agency and English Nature report says urgent action is needed to protect the rivers that supply drinking water and support industry and agriculture.

THE INDEPENDENT

English Heritage has deemed Brighton Pier too damaged from fire, storms and age to restore without losing all 'historic credibility'. The West Pier Trust plans to continue lobbying for the pier to be restored.

THE SCOTSMAN

The mysterious Tay Bridge collapse of 1879 was caused by a massive gust of wind, experts now say.

Former British Steel mathematician, Tom Martin says the disaster was due to 'the under-design of wind loading'. The bridge's creator Thomas Bouch had blamed a derailment. The bridge failed just 19 months after being opened, killing 75 people.

A Glasgow City Council employee has claimed that traffic light controllers are purposefully set to cause mayhem in order to promote public transport. The claim has raised safety concerns and prompted a call for an 'urgent investigation' by MSP Nicola Sturgeon.

EVENING STANDARD

London Underground is to investigate how two bolts went missing allowing Central Line track to move apart by 150mm - enough to derail a train. The inquiry is focussing on maintenance failures as the cause rather than vandalism or sabotage.

THE TIMES

The wealthiest two fifths of the population is responsible for almost 60% of the rise in traffic congestion since 1985 according to official figures obtained by the Liberal Democrats. The poorest fifth were responsible for only 8%.

China needs an extra 30 to 35 gigawatts of electricity supply after towns and cities suffered 757,000 brownouts between January and June. Recent demand for air conditioning in the summer heat has driven urban demand up by 40%.

FINANCIAL TIMES

Airlines using Stansted airport fear BAA will use revenue from increased fees at London Gatwick and Heathrow to fund Stansted's second runway.

Britannia, Thomas Cook, First Choice, MyTravel and Monarch airlines may threaten to move to Luton if BAA ignores their concerns.

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