Pound wobbles after Tory social care U-turn, as Greek debt talks begin – as it happened

A dip in the pound following the U-turn on social care from the Conservatives has helped lift the FTSE 100, packed as it is with overseas earners who benefit from a weaker sterling. Meanwhile the FTSE 250 hit a record closing high of 19,912, helped by a positive performance from the telecoms sector.

But a stronger euro following comments from German chancellor Angela Merkel has left the Dax and Cac trailing. The final scores showed:

Back with the eurogroup, and the Greek finance minister:

Tsakalotos’ expressions are quite telling…#Eurogroup #Greece #ECB pic.twitter.com/9Nbqvv8Vfi

Continue reading…

Read full original article »