44pm: The Institute of Directors doesn't like Ed Miliband's speech. Miles Templeman, its director general, has put out this statement.We would like to know how Ed Miliband plans to identify and reward 'good' companies over 'bad' ones. In practice, we think he would find this neither straightforward nor desirable. He should have more faith in customers and investors to decide. In the modern business place price is not the sole determining factor affecting people's buying and investment decisions. Consumers and investors are better equipped and better informed than ever to impose discipline on firms than any government. Instead of proposing that the state makes choices that are likely to be simplistic and wrong he would be wiser to find ways of boosting competition so that the customer remains king.
Community budgets are much the same, although there have been complaints that they are less ambitious.Pickles said today that four large community budget pilots would take place in four areas: Cheshire West and Chester; Greater Manchester; West London and Essex. There are also another 10 "neighbourhood" pilots.In a statement,
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Worse,
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S. relations as NATO forces prepare to withdraw from Afghanistan in 2014. Former Prime Minister and leader of Pakistan Muslim League Nawaz Sharif (center) waves to his supporters as he leaves a polling station after casting his vote in Lahore,Pakistan,on May 11,2013. (Anjum Naveed/AP)Washington relies on Islamabad to fight militants in the tribal areas between Afghanistan and Pakistan. This is unlikely to change. As the 2014 withdrawal deadline nears,Washington,
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