George Osborne has cautiously welcomed the Greek deal, but said: "we need to make sure it works for our country as well as the rest of Europe."
The Chancellor added: "What we really want to see is this turned into a lasting solution. Because this risk from Greece hangs over the whole European economy, including Britain."
Government plans for a levy on businesses to fund apprenticeships will not deliver the high quality training the UK needs, business say.Read the full story ›
Trading has been suspended at the New York Stock Exchange over technical issues.
(1 of 3) The issue we are experiencing is an internal technical issue and is not the result of a cyber breach.
Denying that the stoppage was due to cyberattack, the NYSE said it "chose to suspend trading on NYSE to avoid problems arising from our technical issue".
(3 of 3) NYSE-listed securities continue to trade unaffected on other market centers.
The New York Stock Exchange has suspended trading in all stocks, for unknown reasons.
A NYSE spokeswoman was not immediately available for comment, though some reports are blaming earlier technical issues.
US government officials have told NBC News that there is no indication that the shutdown is not related to cyberattack.
(1 of 2) We’re experiencing a technical issue that we’re working to resolve as quickly as possible.
(2 of 2) We're doing our utmost to produce a swift resolution & will be providing further updates as soon as we can.
Some 787 listed firms in China - the world's second-biggest economy - have paused trading today as prices of some fell by more than 50 percent.
Emergency measures implemented by the Chinese government have failed to stop the decline of Shanghai Composite Index, which has tumbled more than 30 percent since early June.
Some investors fear that China's market turmoil poses a bigger risk to the real economy than the crisis in Greece.
I've never seen this kind of slump before. I don't think anyone has. Liquidity is totally depleted.
China's Shanghai Composite Index was down 8% this morning, meaning the country's stock market has fallen by 30% since mid-June.
It closed at 3,727.12, dropping from its close of 5,166.35 on June 12, which marked a seven-year high.
Barclays has announced its chief executive Antony Jenkins is to step down.
A "new set of skills were required" at the helm of the group, Barclays deputy chairman Deputy chairman Sir Michael Rake said.
He added that new leadership was required to accelerate the pace of change at the lender.
I reflected long and hard on the issue of group leadership and discussed this with each of the non-executive directors. Notwithstanding Antony's significant achievements, it became clear to all of us that a new set of skills were required for the period ahead.
The bank said it will appoint chairman John McFarlane as executive chairman from July 17 until a successor is found.
Most people are on the most expensive energy tariffs - and most people don't know how much they pay for their bills.
Consumers are paying £1.2bn per year more than they should. The question is - did we overpay, or did they overcharge?
ITV News business editor Joel Hills explains:
The chief executive of one of the 'big six' energy companies tells ITV News a report customers are paying too much is a concern.Read the full story ›
Some of the "Big Six" energy firms have responded to the competition authority's findings that they have been overcharging customers for years.
British Gas, Eon and SSE all said they will look into the findings, with British Gas admitting it has "questions and concerns" about some of the Competition and Markets Authority's proposals to make it easier for customers to switch.
We will now review the material in advance of responding in detail.
Throughout this process and since we first called for a full market investigation in 2011, we have been open and fully supportive of the detailed and thoughtful investigative work undertaken by the CMA and we will continue to provide all necessary and relevant information as we move towards the final report in December.
British Gas says "we have questions and concerns about some of the proposals"
We will now examine today's publications in detail, along with the analysis that underpins them.
We will also continue to work constructively with the CMA as this process continues to help ensure that the opportunity presented by this investigation is fully grasped, and that the final result is an enduring outcome that gives customers confidence, allows regulators to regulate, and encourages investors to invest in the Great Britain energy market.