Kill the competition: Homes plan ... cash rules ... Davos latest

Friday, January 30, 0730 GMT

Welcome to today’s round-up of business news from The Times: what we’re saying, what they’re saying, and top stories from Davos

Davos latest

The Times: Alistair Darling, the Chancellor, has pulled out of attending the World Economic Forum at Davos.

Financial Times: Recep Tayyip Erdogan, the Turkish Prime Minister, stormed off the stage at Davos after an emotional debate with Shimon Peres, the Israeli President.

The Independent: A fair price for oil is between $60 and $80 a barrel, Abdullah al-Badri, the secretary-general of Opec, told the World Economic Forum.

Top stories

The Times: The Government hopes to rescue the construction industry and kick-start the economy with the biggest council house building programme for decades.

The Daily Telegraph: The Bank