Four big firms are set to get even richer, writes Zoe Williams. We will be paying much more for the service, and failures are inevitable.
2. Ministers are still treating the Commonwealth with contempt (Daily Telegraph)
Foreign Secretary William Hague vowed to put the 'C back into the FCO’ – but things are as bad as ever, says Peter Oborne.
3. Political consensus isn’t always virtuous (Times)
The right has been vindicated on energy taxes, Europe and government debt, argues Tim Montgomerie. It deserves more respect.
4. Carney is wise to nurture the City (Financial Times)
But will take a lot of international negotiations to agree on any new bank resolution regime, writes John Gapper.
While Edward Snowden revealed an over-mighty state, there are other symptoms, writes Martin Kettle. In Britain, democracy has some way to go.
Compulsory schemes should pay the minimum wage, says Ross Clark. This scheme has too much stick and too little carrot.
The authorities — politicians, police and probably judges — favour bankers over journalists, says Stephen Glover.
8. The Lone Star state is America’s rising star (Times)
Forget the deadlocked political elite in DC – culturally diverse, booming Texas is the true face of the US, says Michael Burleigh.
9. End west’s deference to petrodollars (Financial Times)
There is no doubting Riyadh’s horror at the sudden prospect of US-Iranian detente, writes David Gardner.
10. A tricky question for 'the great persuader’, Tony Blair (Daily Telegraph)
Tony Blair has plenty of advice for others, but how did he set about getting things done when prime minister, asks Sue Cameron.