Spain was battling last night to avert a fully-fledged sovereign rescue after borrowing costs spiralled out of control, with dangerous knock-on effects in Italy and Eastern Europe.
Louise Cooper, markets analyst at BGC Partners, has told Daybreak that Spain's large economy means that the cost of bailing out the country will run the hundreds of billions of euros.
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Having now heard Theresa May's Florence speech, I have a bit more understanding why Boris Johnson cut up rough last weekend.
As Theresa May unveils plans for a two-year transition period, and Nigel Farage says she's 'betrayed' Leave fans...what do voters think?
A milder night ahead with patchy rain in the south giving a soggy and slow start to Saturday in places.