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Lunch wrap

On FT Alphaville this morning,

- Examining the inflation conundrum.

- Arsenal’s business brain is on the way out.

- The Bank of England offers hope in the form of a virtuous circle.

- But has expressed its reservations about this mark-to-market business.

- Who’s looking at ITV and the latest on BG, in Markets Live.

-  A deal for fans of trains, planes and automobiles.

-  US GDP and Aleksey Vayner’s tennis tips, in further reading.

On FT.com this morning,

- Hammerson is seeing weakening in City rents, and said that banks’ caution in lending to property companies had contributed to a further weakening in UK property values so far this year.

- Stuart Rose has sold his investment in Little Voice, the karaoke bars operator founded by his boardroom colleague Martha Lane Fox.

- UK manufacturing activity slowed in April but pressures on cost of raw materials continued, driving companies to raise their prices at the fastest rate on record.

- BA has confirmed it is in talks about the creation of a transatlantic alliance with American Airlines and Continental Airlines.

- Chris Giles discusses the Bank of England’s assertion that credit market have overshot. FT.com’s Daily View video

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