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Markets

LSE Volume: 3,849 M
Avg Vol: 3,313 M +16%
Fallers
4,066
Unchanged 137
Risers
3,040

Shares down amid further worries of a Greek default

END-OF-DAY REPORT: Leading shares ended the day over 1% lower. Worries about a possible Greek default were back on the agenda with concerns about whether it can put together a deal...

BP not responsible for all of Transocean's spill liabilities

Oil giant BP must cover some but not all of rig owner Transocean's liabilities for the 2010 blowout in the Gulf of Mexico, a US judge has ruled.
Huge row over Stephen Hester's bonus

Press round-up

A brief summary of today's main business headlines... Latest on eurozone debt crisis, debate over bonus to head of RBS, UK urged to stick with deficit reduction plans, Chancellor wants new powers to rein in banks, Fed decision boosts equities.

Saga backs ABI call for flexible pensions

Saga has welcomed calls by the Association of British Insurers to allow people to use pensions as a lifetime savings account.

Hornby to miss targets after Christmas sales fall

Model train group Hornby has warned that full-year profits will be below current market forecasts after Christmas sales fall.
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