Round-up: Get Europe out of its mess - and win £250k

The Tory peer Lord Wolfson of Aspley Guise, the chief executive of the Next clothing chain, has decided to give the prize of his own money to anyone who can answer the question that has plagued some of Europe's brightest minds, the Times reports. The Wolfson Prize will be the second-biggest cash prize to be awarded to an academic economist after the Nobel and asks potential applicants to submit an article by the end of January of up to 25,000 words considering how transition from the euro to a new national currency could be achieved. THE TELEGRAPH INFLATION TO FUEL BIGGEST BUSINESS ...