The president (who is a long-time Labourite who went over to Kadima) has a certain amount of discretion under the law, but he must be guided by the preponderance of advice tendered by the various parties.

ECONOMIST: Israel

"Nothing would fill me with more worry than an industrial strategy in the old school, but what this does in a splendidly un-Labourite way is share out a series of good ideas which could be adopted by both parties, " he said.

BBC: UK business too focused on short term, says Labour report