euro

British factory production surged ahead at a rate five times faster than expected in March as the weak pound helped revitalise Britain's export trade.

UK EQUITIES

The FTSE 100 has soared in early trading, up 3.35% to 5294.55, as the markets took confidence from this weekend's €750bn rescue deal to defend the euro.

In crisis talks over the weekend, EU finance ministers and the IMF agreed emergency measures worth €750bn to try and prevent contagion from the Greek debt crisis affecting other countries in the eurozone.

After the €110bn bailout of Greece on Sunday, Investment Week brings you a timeline of the country's economic turmoil in 2010.

Greece has agreed to make major austerity cuts in return for a huge 100bn euro bail-out from the eurozone and the IMF.

The FSA is investigating government-backed Lloyds Banking Group and RBS over poor complaints handling.

Barclays Wealth has added multi-currency hedged share classes across its entire Dublin-domiciled GlobalAccess fund range.

Morgan Stanley has warned Germany could withdraw from the eurozone as the fallout from the Greek debt bailout continues.

Eurozone members have pledged up to €30bn in loans to Greece over the next year to help dodge a debt crisis which is seen as most serious challenge in the euro's existence.