Round-up: Business confidence slumps to 30-month low

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As business confidence plummets to a 30-year low, Prime Minister David Cameron sticks to his austerity guns whilst leader of the opposition Ed Miliband calls on the government to withdraw ‘punishing' tax changes….here's our roundup of the top stories in the nationals.

China has stressed it will not be a "saviour" to Europe as President Hu Jintao embarks on an official visit to the continent that will take in this Thursday's crucial G20 summit in Cannes. MORE... The multi-billion pound public sector pension deficit should be plugged by the creation of a sovereign wealth fund that would back a radical programme of infrastructure investment, pensions expert Edward Truell has said. MORE...

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