The London Borough of Barnet plans to provide "no-frills" public services after studying the business models of low-budget airlines EasyJet and Ryanair. Tony Travers, director of the Greater London group at the London School of Economics, says the council's radical ideas may provide a blueprint for a future Conservative government.
Business reporter Philip Inman looks at renewed pressure on world leaders to curb the excesses of the banks, after a call by Lord Turner, chairman of the Financial Services Authority, for a tough new tax regime.