Britain at risk of being sucked into a second bailout for embattled Greece, the financial sector's "ferocious" drag on the UK's recovery and the Fed considering an inflation target…we bring you the day's biggest news from the nationals.
Britain could be sucked into a second bail-out after European diplomats confirmed the EU Financial Stabilisation Mechanism (EFSM) could be tapped for up to €8bn (£7bn) for an additional rescue package for Greece. MORE... The financial sector is imposing a ferocious drag on Britain's recovery after contracting for five out of the six quarters after the end of recession, the Chancellor said last night. MORE...
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