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U.K. markets news

Greek crisis: Tsipras makes concessions in bid to secure bailout
Greek prime minister Alexis Tsipras has written to international creditors saying Greece could accept a bailout offer published on June 28th if several conditions were changed.
SPECIAL REPORT-How Greece went bust  Reuters
Markets Rally on Fresh Hopes of Greek Deal — Live  Wall Street Journal (blog)
Financial Times  
A third runway at London Heathrow airport will never fly
Undated handout photo issued by Heathrow Airport of an artist's impresson of option 3 for the third runway North at Heathrow as Heathrow chiefs today put forward three options at the west London airport, saying that any of the proposals will be good ...
Heathrow third runway: Living under a flight path in Hounslow  BBC News
Heathrow expansion: Tensions run high as David Cameron says a decision will ...  Telegraph.co.uk
Bank report reassures over Greece exposure
The Bank of England has said contingency plans are in place to protect Britain's lenders from economic meltdown in Greece but stressed that their direct exposures to the stricken eurozone member “are small”.
BoE to hike in Q1 as wage growth surpasses its expectations-Reuters poll  Daily Mail
Bank of England says primed for action over Greek crisis  euronews
Paying off Greece's debt — via crowd-funding
LONDON: Help is at hand for the indebted Greek people: a bailout fund has been set up for them on crowd-funding website Indiegogo.
Why I set up the Greek bailout crowdfund  The Guardian
Crowdfunding campaign to save Greece hits €564000  Telegraph.co.uk
Santander unveils ringfencing plans
Santander has revealed how its UK business will meet the ringfencing rules for banks, appointing heads of new retail and corporate divisions.
Santander unveils plans for ringfenced UK business  Financial Times
Santander UK sets up new structure to meet ringfencing rules  London South East
Serco surges as investors see it on the road to recovery
Troubled outsourcer Serco appears to have arrested its woes, reporting that first-half trading was stronger than expected. In March the FTSE 250 business reported a �1.35bn pre-tax annual loss, launched a �555m rights issue and chief executive Rupert ...
Serco shares soar as turnaround starts to take hold  Herald Scotland
Serco shares soar after it sticks to profit forecast  Daily Mail
Greene King says Scotland drink driving law put brake on sales
Greene King has blamed a crackdown on drink driving in Scotland, a disappointing World Cup and consumers diverting their spending towards home refurbishments and cars for a slowdown in underlying sales growth.
Greene King sales climb as it completes Spirit acquisition  Telegraph.co.uk
Greene King predicts return of big spenders as profits rise  Evening Standard
Diageo sells golf's Gleneagles hotel as it focuses on core business
Diageo has sold Gleneagles Hotel, scene of Europe's triumph over the US in last year's Ryder Cup, as the drinks company looks to focus on its core business having reaped the benefits of the golf tournament.
Diageo sells Gleneagles to boutique hotel operator Ennismore  Financial Times
Diageo sells Gleneagles hotel to Hoxton hotel owner Ennismore  The Guardian
Uganda Short-Lists 17 Companies in First Oil-Licensing Round
Uganda short-listed 17 companies including units of Tullow Oil Plc, Sasol Ltd. and PTT Pcl that want to bid for exploration licenses in the Albertine Graben, where an estimated 6.5 billion barrels of oil resources have been found.
CompaniesTullow Oil upbeat despite declining profits in H1  Financial Times
RPT-UPDATE 2-Tullow Oil eases pressure with upgrade to output guidance  Reuters Africa
Langworth freight train derailment: 'Heat could be factor'
The current heat wave could have been a factor in the derailment of a freight train in Lincolnshire, Network Rail has said. Up to eight wagons were derailed near Station Road level crossing at Langworth on Tuesday.
TRAIN DERAILMENT: Investigation update  Scunthorpe Telegraph
Lincoln to Grimbsy line closed until Friday after freight train derailment  The Lincolnite