News round-up: Monday 9th May 2011

9th May 2011

The Telegraph

"Britain's big banks have abandoned a controversial appeal over payment protection insurance, opening the way for billions of pounds in compensation for those mis-sold policies."

 

"Greece has conceded it may need more help beyond last year's €110bn (£95bn) bailout on fears that the country will be unable to return to the markets to refinance its debts in 2012."

 

"The UK economy: in graphs"

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