FTSE tumbles as Grexit draws nearer

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Risk assets have regained some ground but equities remain deep in the red after a tumultuous weekend in Greece saw it impose capital controls after calling a surprise referendum over creditors' final bailout demands.

Greece’s Friday evening decision to call a referendum for 5 July set in motion a chain of events which culminated with Sunday’s announcement that its banks will remain shut for at least a week in o...

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