Spain joined Greece in the firing line as fears about the country’s banking sector fuelled another grim session for world markets.
David Cameron has issued a call for action from eurozone states and institutions to support weaker economies like Greece or see the single European currency break up.
The UK economy has received a major boost with news of a £125 million investment in Vauxhall's car plant, creating thousands of new jobs.
More new homes must be built to tackle "the country's burgeoning housing crisis", a new report has said.
Construction group Kier is on course to meet expectations for the year, it said in a trading update from December 31 to today.