Summary

  • HSBC bosses face MPs over tax affairs

  • HSBC apologise for bank's failings

  • Chairman concedes list of problems is "terrible"

  1. FTSE highpublished at 06:26 Greenwich Mean Time 25 February 2015

    Radio 5 live

    FTSE graph

    Last night's closing high of 6,949.63 for the FTSE 100 can't really be compared with the last record in 1999 due to the different composition of the market, Richard Hunter, head of equities at Hargreaves Lansdown, tells Wake Up to Money. He says it is an "apples and pears comparison" because the majority of stocks are now "oils, miners, and banking" whereas in 1999, the dotcom boom saw the majority of the FTSE composed of telecoms, media and tech firms.

  2. Greek bailoutpublished at 06:17 Greenwich Mean Time 25 February 2015

    Radio 5 live

    The eurozone's backing of Greece for a four-month extension to its bailout is "positive", but "really, it's kicking the can down the road," Virginie Maisonneuve, of bond firm Pimco tells Wake Up to Money. "It's a step in the right direction," she says. "There's more work to be done. It's in everybody's interest to find a compromise."

  3. Postpublished at 06:13 Greenwich Mean Time 25 February 2015

    Matthew West
    Business Reporter

    Morning folks. We also have full year results from TSB to look forward to today. As always you can get in touch with your views via email to bizlivepage@bbc.co.uk or on twitter @bbcbbusiness. , external

  4. Postpublished at 06:04 Greenwich Mean Time 25 February 2015

    Tom Espiner
    Business reporter

    Good morning. The FTSE 100 closed at a record high last night - we'll be bringing you some reaction. You can also look forward to some official figures on zero hours contracts. Plus, the two bosses of HSBC are going to be questioned by MPs later and we have full year results from Lego. It's going to be a busy morning.