The priority for those framing Europe's new financial regulations should be to encourage rather than impede the emergence of new providers of finance, including insurers, mutual funds, specialist lenders or even larger companies in the supply chain.

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It provides specialist services in rail design, engineering, construction, management and maintenance, and offers supply chain solutions to a range of customers in Australia.

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Another of the report's authors, information technology specialist Will Stewart from Southampton University, highlighted the total dependence of IT on a reliable electricity supply.

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As well as the car factory and its supply firms, there are several hi-tech companies here like Intel and Motorola and a cluster of small specialist outfits.

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