BBC News with David Austin
After days of unprecedented pressure on Rupert Murdoch over alleged
malpractice
s by some of his journalists, the British parliament is to discuss a call for him to withdraw his News Corporation's bid for the major satellite broadcaster BSkyB. The British government has already said it'll back a
motion
demanding an end to Mr Murdoch's bid. The motion has been
put forward
by the opposition Labour Party, whose leader is Ed Miliband.
"The public would not think it
credible
that Rupert Murdoch's bid for BSkyB could go ahead while a criminal investigation is going on. That's why we are tabling a motion to call on Mr Murdoch to withdraw his bid for BSkyB."
A BBC political correspondent says government support for the motion will make it very hard for Mr Murdoch to continue with his plan to take over BSkyB, which is Britain's richest broadcaster.
It's been a
volatile
day on Europe's financial markets. They were reacting to fears that the economic problems in Greece could spread to larger economies. From Brussels, Chris Morris reports.
The risk of contagion - the eurozone debt crisis spreading to a large economy like Italy - was described by one official here as the doomsday scenario. Italy is too big to bail out. So as Italian borrowing costs have risen and Italian stocks have fallen over the last few days, pressure for
decisive