Serco, the outsourcer than operates the Boris Bike cycle hire schemein London, is talking to theengineer Amec about selling offits nuclear consultation business.

A much-hyped listing swiftly followed by the share price plummeting – sound familiar? As the fall-out from the Facebook IPO continues to rumble on, today marks the one-year anniversary of another debut that has not exactly lived up to expectations. After a massive float worth £37bn, official trading of shares in Glencore International began exactly 12 months ago. However, you could forgive those investors who got in at the start for not blowing out the candles on the cake with too much enthusiasm.

There has been no shortage of takeover chatter around Hammerson lately. The possibility of the developer – whose portfolio includes the Brent Cross and Bullring shopping centres in north London and Birmingham – being snapped up has caused much excitement, and the bid spotlight was switched back on yesterday.

Home repairs group Homeserve has revealed it is being investigated by the City watchdog in the wake of accusations over mis-selling and failures in complaints handling.

The shockwaves from Greece's failure to form a coalition government have continued to reverberate around markets, though upbeat US economic indicators gave the more positive-minded investor something to latch on to.

Markets slid on the news today that coalition government talks in Greece have failed after nine days of discussions, meaning the country is heading for another election next month.

As many as 100,000 people have expressed interest in the 10,000 security jobs being made available at the London Olympics, G4S said today.

Financial markets were plunged into fresh turmoil after Greece's political parties failed once again to agree to form a unity government, and European policymakers warned that Greece's aid payments would be cut off unless Athens quickly produced an administration prepared to deliver far-reaching economic reforms and budget cuts.

Travis Perkins, the builders' merchant, said yesterday that April's showers has hit demand . "After a good first quarter, record levels of rainfall contributed to a weaker performance in April and the early part of May, where activity levels at sites continue to be impacted by the very wet weather," it said.

Nervous traders wiped £28.5 billion from the value of London's leading shares index today as fears intensified that Greece will crash out of the euro.

Nervous traders wiped £26 billion from the value of London's leading shares index today as eurozone fears returned to haunt world markets.

The FTSE Group, the provider of stock indices based in Canary Wharf, pictured, is looking at introducing a share index to rival the FTSE 100 that would measure the performance purely of companies that contribute heavily to the British economy.

Never mind the athletes... spare a thought for the logistical prowess