Monday newspaper round-up: Chinese exports, UK inflation, Travelodge

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Sharecast News | 13 Apr, 2015

Chinese exports dropped 15% year-on-year in March, reversing the previous two months' growth and "raising the spectre of disappointing first-quarter economic growth", writes the Financial Times.

"Britain could fall into deflation this week for the first time in more than half a century, the result of an escalating supermarket price war and falling energy prices," The Guardian reports. Consumer price inflation figures on Tuesday could reveal that prices fell 0-0.1% in March.

The owners of Travelodge are thoughts to be putting the hotel chain up for sale with a price tag of over £1bn just three years after its rescue from the brink of collapse, The Times writes.

Hilary Clinton on Sunday launched her second campaign for president, ending years of speculation about her plans, writes The Wall Street Journal. If voted in, it would mean that the same party would control the White House for 12 straight years.

Business groups have warned that pension tax relief plans by the Conservatives are "damaging and malign", The Telegraph reports.

The Bank of Scotland's purchasing managers' index has shown that the Scottish private sector contracted in March for the second time in three months, The Scotsman reports.

David Lenigas, the chairman of UK Oil & Gas Investments, has said that fracking could double the amount of oil recovered from the Horse Hill project in the South East of England, but pledged not to use the controversial technique, the Daily Mail said.

Greece on Sunday quashed a report in a German newspaper that said Eurozone officials were "disappointed" by the lack of progress made at last week's dealings in Brussels, according to The Guardian.

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