Round-up: Don't be soggy, Cameron tells UK

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Dire data from households and its impact on retailers, strike action talks, heads roll at UBS, and advice from the PM to Britain to reject "can't do sogginess" for the drive of China. Our round-up up of the nationals.

FINANCIAL TIMES CAMERON URGES BRITAIN TO EMULATE CHINA David Cameron has urged Britain to emulate the "energy, hunger and drive" of China, India and Nigeria as he attempted to inject a mood of optimism amid the country's stagnating economy. The prime minister told the Conservative party conference in Manchester that the world faced an economic crisis "as serious as it was in 2008" but insisted Britain could emerge stronger if it rejected a mood of "can't do sogginess". FINANCIAL TIMES EU SEEKS TO RETEST BANKS' STRENGTH Europe's top banking regulator has started to re-examine the str...

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