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LONDON - JUNE 21:  Lord Mandelson, Chairman of Global Counsel listens during a session titled 'Britain's Only Hope: the know how economy' during The Times CEO summit at the Savoy Hotel on June 21, 2011 in London, England. The summit included News Corporation chairman Rupert Murdoch, chief executives of Goldman Sachs, Santander and Vodafone and Labour Leader Ed Miliband. (Photo by Ben Gurr - WPA Pool/ Getty Images) WPA Pool/Getty Images News