U.K. stocks jumped Wednesday, following reports Greece and its creditors were getting close to a debt deal, and as International Consolidated Airlines PLC and Imperial Tobacco Group PLC each rose on deal talks.
Stewart Ford, the founder of the insolvent investment firm Keydata who was slapped with a record-breaking £75m fine, has hit back with a £700m High Court claim against the Financial Conduct Authority (FCA) and the accountants PwC.
(Recasts first paragraph, updates throughout, updates prices, changes byline, changes dateline, previous LONDON). * Greek yields fall as preliminary agreement drafted.
Tesco has slumped out of the world's brand premier league and been overtaken by the German discounter Aldi in the latest sign of the damage caused by a £263m accounting scandal and errors on pricing, quality and customer service.
Redbridge and Waltham Forest in east London, Manchester, and York all saw gross disposable household income fall in 2013. Photograph: Chris Radburn/PA.