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Thursday Papers: Carney backs Britain’s EU membership

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Top stories Financial Times: Bank of England governor Mark Carney supported Britain’s EU membership in a major speech on Wednesday, highlighting its economic benefits while calling for reforms to ensure the union still works in Britain’s interests in future. The Daily Telegraph: Britain’s biggest banks will not be broken up by the regulators, the competition authorities are expected to say, arguing it would do little to encourage customers to shop around. Financial Times: Hedge fund manager Bill Ackman has raised his bet on Valeant by purchasing another two million shares in the pharmaceutical company, which has come under sustained pressure over the durability of its business model. The...

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