Greece needs more than €60bn in new financial help over the next three years and faces decades under a daunting mountain of debt that will make it vulnerable to future crises, the International Monetary Fund has warned.
How worried should we be about Greece? According to the Bank of England there has been no sign so far that the crisis is spreading to other vulnerable nations in Europe, such as Spain and Portugal, let alone to stable countries like the UK.
Dixons Carphone is setting its sights across the Atlantic, with plans for a chain of up to 500 stores after signing a joint venture deal with US telecoms group Sprint.
... * Sale part of pre-arranged trading plan. * UK has raised 12.5 billion pounds through sales. * Osborne determined to return Lloyds to private sector.
Serco capitalised on decades of government privatisation before scandal and mismanagement made it a poster-child for the dangers of outsourcing.