The CBI cuts its UK growth forecasts and warns that a possible "messy" end to the Greek crisis and uncertainty over the EU referendum both pose further risks to the British economy.

Chinese shares continue their sharp fall as concerns over the country's slowing growth and volatile markets spark panic among traders.

The CBI has upgraded its UK growth forecasts for this year and next, saying it expects "decent quarterly GDP growth".

A large fire breaks out at a steel plant in Kawasaki, close to Japan's Tokyo Haneda international airport, but there are no reports of injuries.

Pub company Punch Taverns is to sell 158 mostly "non-core" pubs for £53.5m to investment trust New River Retail.

Stock markets in London, Paris and Frankfurt fall sharply as fears of a Chinese economic slowdown continue to haunt investors.

Broadcaster BT Sport says it has secured the live rights to the 2017-18 Ashes cricket series as part of a five-year deal with Cricket Australia.

Ian Duncan Smith plans a shake-up of work capability tests to get more people off sickness benefit.