Thom Feeney says he can see why some might think it's a joke but he is serious about trying to help the Greek people. Photograph: Niklas Halle/AFP/Getty Images.
LONDON The FTSE hit its lowest level since mid-January on Tuesday, pulled down by miners and supermarkets and underperforming even euro zone shares despite Greece being hours away from a repayment default.
The banking ring-fence takes vital resources away from more useful projects that HSBC would prefer to be implementing, such as improving customer service, the bank's UK chairman told a House of Lords committee.
The Government and EDF are in talks over who will pick up the costs if Austria wins its appeal against the proposed Hinkley Point C nuclear plant once construction has begun.
George Osborne has urged senior colleagues to give their support to a new runway in southeast England as the Conservative government considers how to deal with a report that will recommend the best option to tackle London's stretched airport capacity.