Spanish unemployment figures released today show a record 27.2% are out of work.
French unemployment figures are released later and are also expected to break all recent records.
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Mr Blavatnik, whose empire includes the Warner Music Group, has an estimated fortune of £13.17bn according to the Sunday Times Rich List.
Find out what to expect from the weather if you are running in the big race in London or watching from the sidelines.
It will be a soggy start to the weekend and temperatures will drop making it feel colder than in recent days.