(Repeats to fix formatting). * Asia cautious as Greece misses IMF loan payment. * Euro losses minor as markets still assume deal will be done.
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 founding father of UK's bank ringfencing has dismissed the idea that by pushing retail banking units into standalone entities they could “go wandering off” and disregard parent groups' strategy.
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.