· Osborne fights back on ‘Granny Tax’
· Spain’s borrowing costs soar
· Three way world bank race seen as deadline looms
· FTSE retracts led by mining stocks
· Asian stocks sapped by renewed fears over the global economy
· FTSE All World Index declines
· Yen falls ahead of U.S. homes data
· Obama attacks energy critics
· U.S. recovery pushes down gold