The British government is making urgent preparations to cope with the fallout of a possible Greek exit from the single currency, after the governor of the Bank of England, Sir Mervyn King, warned that Europe was 'tearing itself apart'. Traders from Interactive Investor look at their computer screens in their office in GlasgowPhotograph: David Moir/ReutersGreeks have withdrawn €3bn (£2.4bn) from the banking system since the country's inconclusive elections on 6 May, with tellers saying savers were making two or three visits a day to local banksPhotograph: Angelos Tzortzinis/AFP/Getty ImagesA caretaker government led by a high-court judge Panagiotis Pikramenos took charge of Greece on Wednesday with the express aim of steering it to fresh electionsPhotograph: John Kolesidis/AP
Unemployment declined by 45,000 in the three months to March, raising hopes that Britain's recession-hit economy is on the mend. A brewer filters beer at the Meantime Brewery in east London, the capital's biggest new brewery since 1936 Photograph: Stefan Wermuth/ReutersStefano Pessina, the Italian billionaire who co-owns Alliance Boots with private equity firm KKR, has warned that the prevailing 'anti-business' public mood in the UK could deter companies from investing here. The Switzerland-based company, which owns Boots the Chemist, has been among those targeted by protest groups such as UK Uncut over its tax affairs A branch of Boots is protected by police in anticipation of an attack by UK Uncut last yearPhotograph: Kristian Buus/In Pictures/CorbisSelling off the taxpayer stakes in Royal Bank of Scotland and Lloyds Banking Group could take years, according to financial experts who also told a committee of MPs that banker bashing needed to stop to help the shares prices recover. Angry Lloyds customers cut up their bank cards outside the bank's AGM in EdinburghPhotograph: David Cheskin/PAFrench Connection shares lost more than a fifth of their value on Thursday, after the retailer issued its third profits warning of the year. The company, which counts the Duchess of Cambridge among its celebrity clientele, also cautioned that forward orders for the winter season were slightly lower than for the same period last year Photograph: PRGeneral Motors has saved the Vauxhall car plant at Ellesmere Port, preserving 2,100 jobs and creating hundreds more, after workers accepted a deal that will see the next-generation Astra car built at the factory Photograph: Paul Ellis/AFP/Getty ImagesThe size of Facebook's stock exchange listing has ballooned by a quarter after Goldman Sachs and other backers decided to cash in on the massive demand for the shares by ramping up the amount of stock they plan to offload in the social network's stockmarket debut Photograph: Antony Dickson/AFP/Getty ImagesFrom horsepower to battery power, Ferrari is joining the growing ranks of green carmakers by launching its first ever hybrid vehicle at the end of the year. The Italian firm, one of the most elite names in motoring, indicated that one of its glitziest products, the Enzo, will be released in a hybrid versionPhotograph: Neale Haynes/Rex FeaturesThe US justice department opened an investigation into how JP Morgan lost more than $2bn in poorly managed trading at its London office as the bank's embattled boss, Jamie Dimon, saw off attempts by shareholders to strip him of his role as chairman. At the bank's annual meeting, held at a tightly secured facility seven miles outside Tampa, Florida, shareholders quizzed Dimon on what went wrong Photograph: Brian Blanco/Reuters
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