UK outlook ‘worsens’ on Greece crisis
The outlook for the UK’s financial stability has worsened in the light of events in Greece, Bank of England governor Mark Carney warns. BBC News – Business
The outlook for the UK’s financial stability has worsened in the light of events in Greece, Bank of England governor Mark Carney warns. BBC News – Business
The UK economy grew by 0.4% in first quarter of 2015, revised up from a previous estimate of 0.3%, official figures show. BBC News – Business
Tesco reports a slower rate of decline in sales at its UK stores as it tries to stem the flow of customers switching to discount chains. BBC News – Business
Network Rail is too big and should be broken up into regional units, Sir Richard Branson tells the BBC. BBC News – Business
The government says it will delay or cut back a number of modernisation projects that were part of a planned £38.5bn upgrade of Network Rail. BBC News – Business
Greek Prime Minister Alexis Tsipras criticises Greece’s international creditors after they fail to accept his government’s latest reform proposals. BBC News – Business