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An issue of shares in Royal Mail was oversubscribed, pushing valuation well above initial forecasts of £3.3 billion. The IMF forecast British growth for 2013 to be 1.4 per cent; its estimate in July had been 0.9 per cent. The Commons Treasury select committee warned the Chancellor of the Exchequer that the government ‘Help to Buy’ scheme was likely to ‘raise house prices rather than stimulate new supply’. Peter Higgs, from Britain, and François Englert from Belgium, shared the Nobel prize for physics, for their work on the Higgs boson.
Publicising GCHQ information ‘hands the advantage to the terrorists. It is the gift they need to evade us and strike at will,’ said Andrew Parker, the chief of MI5, in a speech, clearly referring to Edward Snowden’s disclosures. ‘Not one person’ previously deported from Britain had been prevented from boarding a plane back again under the government’s e-borders scheme, according to a report by John Vine, the chief inspector of borders.
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