to cost £7bn Daily Mail<http://www.dailymail.co.uk/money/saving/article-2159104/Banking-White-paper-Banking- EFTA00411372 reforms-cost-7BN.html> Genesis Photonics aims to cut costs of LED chips for lighting DigiTimes<http://www.digitimes.com/news/a20120613PD219.html> Key Events This Week Friday: FTSE UK inde