Europe EU summit to discuss direct recapitalisation of Spanish banks Spain’s Economy Minister Luis de Guindos said today that direct recapitalisation of Spain’s banks using EU bailout funds will be discussed at the m...
Europe Barclays chairman quits after libor scandal Marcus Agius, the chairman of Barclays plc, has quit the bank today after five and a half years following revelations that some of the bank’s traders tried to manipu...
Europe 8.9% drop in UK university applications University applications from UK students for courses starting in the autumn have fallen by 8.9% on last year, according to figures from the universities and colleges admissions ser...
Europe Spanish Prime Minister rejects bailout conditions Spain’s Prime Minister Mariano Rajoy, speaking in his first television interview since taking office, has said he will not accept outside conditions over a possi...
Europe Athletes arriving in London for Olympics With 11 days to go until the Olympic Games are to start, thousands of athletes and officials have begun arriving at London’s Heathrow airport, which is expecting its busiest day...
Europe G4S chief to face British Parliament over Olympics security Nick Buckles, the chief executive of security firm G4S, is to explain to British MPs later today why his firm was unable to provide the number of securit...
Europe Germany ordered to boosts benefits to asylum seekers Germany’s Constitutional Court has ordered the country’s government to pay a 50% rise in benefits to asylum seekers, who have for two decades received less ...
Europe Spanish recession deepens, but borrowing costs fall Official figures show a contraction of 0.4% inSpain’s GDP for the second quarter of the year. This shows the country’s recession deepening as it follows ...
Europe Markets rattled by more speculation over Spain’s regional debts Heavily indebted regional governments in Spain are at the centre of fears that they will push the national government into seeking a bailout for th...