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What the papers say - FINANCIAL TIMES

Newsstand

EDF Energy is in talks with British Energy about building nuclear power stations together. It hopes to have the first reactor connected to the grid by end of 2017. EDF chief executive Vincent de Rivaz said he had a new reactor design to reveal.

Companies and individuals are spending millions on 'carbon credit' projects that yield few, if any, environmental benefits. An FT investigation suggests some firms are paying for reductions that do not take place.

Portsmouth Football Club has signed up Beijing Olympic Games 2008 stadium architect Herzog & De Meuron to design a new 36,000 seat stadium in the city's dock area.

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