Labour has criticised the Foreign Office for what it said was a tardy and disorganised response to evacuating British nationals from Libya.

BBC: Hague plans diplomat 'alumni network' to shape policy

Better a tardy party than none at all.

FORBES: Minnesota Mining & Catchall

Compared with its American counterpart, the Federal Reserve, the ECB under Mr Duisenberg has been a bit tardy in cutting interest rates to reflect the fact that deflation and economic stagnation are now more of a danger in Europe than inflation.

ECONOMIST: Trichet in the clear | The