They said the scheme would "on balance" be acceptable as it would "facilitate the expansion and growth of an important local manufacturer and in this instance this would outweigh any impact upon the city's heritage assets".

BBC: Vicarage demolition in Burlsem backed by council planners

Rather than encourage private-sector deleveraging, they now want the private sector to take on yet more debt and are prepared to use the public-sector balance sheet to facilitate it.

WSJ: Osborne Is Losing His Allies on All Sides

In particular, our countries will continue meeting throughout the balance of this year in order to facilitate agreement in Copenhagen.

WHITEHOUSE: THE WHITE HOUSE

The decision by the Fed to offer emergency liquidity to Bear Stearns and to facilitate its acquisition by JPMorgan Chase had less to do with the size of Bear's balance-sheet than with its central role in markets for credit-default and interest-rate swaps.

ECONOMIST: Paradise lost