A new report by the Chartered Institute of Managers finds that a third of "under-performing" managers were given bonuses in 2015.

Asian stocks were lower in early trade on Wednesday, tracking US stocks, as concerns about a potential Greek debt default weighed on investor sentiment.

Australia's economy grew at a better-than-expected 0.9% in the first quarter of 2015, compared to the previous quarter, boosted by mining together with financial and insurance services.

Greek Prime Minister Alexis Tsipras is to travel to Brussels where he will be presented with a new plan to solve Greece's debt crisis.

Nearly four out of 10 homes were sold without the need for a mortgage in the first quarter of the year - a record high, the Nationwide has said.

Dixons Carphone says 'strong' trading since its merger means full-year profits will be "slightly above" the top end of its guidance range.

The UK market opens lower, but a well-received trading update from Dixons Carphone sends shares in the retailer higher.

Growth in the UK services sector eases to a three-month low in September amid suggestions that the recovery may be "losing its legs".