One obvious solution to the difficulties would be to make it easier for private and foreign banks to operate.

ECONOMIST: India

"We look forward to working with the local community, schools, local authorities, the Welsh assembly and others to find a long-term solution to the difficulties that we all face in ensuring that our children travel safely to and from school, " he added.

BBC: NEWS | UK | Wales | South East Wales | Bus driver cleared in boy death case

Axminster's mayor Andrew Moulding said he was "trying to find a solution" to the company's financial difficulties to ensure jobs stay in the town.

BBC: Axminster Carpets crisis talks continue

Mr Moulding said he would "work with all concerned parties to try and find a solution to the company's financial difficulties as soon as possible".

BBC: Axminster Carpets crisis talks continue

That is why whatever the difficulties, we must continue to press for a solution.

WHITEHOUSE: President Obama & Prime Minister Cameron Joint Press Availability | The White House