A British man has started a crowdfunding site to raise funds for a bailout for Greece, and he's already raised over $230,000– about 0.01% of what Greece needs.
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.
The Airports Commission will recommend Heathrow as the preferred site for London's new runway, sources have told the BBC. But while backing Heathrow, it may also leave the door open for alternative expansion at Gatwick.