Monday Papers: Spain and Italy top results in stress tests - money and other news

* Homeowners are cutting the asking prices of their properties for the first time this year as the backlog of unsold homes reaches record levels.

The Independent

* The Treasury Select Committee is launching an investigation into the new Financial Conduct Authority to make sure the regulator is accountable and gives value for money to consumers.

* Top Level Domain Holdings, which is listed on the Alternative Investment Market, will today announce Peter Dengate Thrush, the former Icann chief, as its executive chairman.

The Guardian

* Despite deadline, right-wing Republicans are blocking President Obama's compromise package, including $1 trillion from higher taxes.

* Oil-tax rise stifles investment in North Sea, Lloyds Bank reports.

* Powerful billionaire shareholders at the pub restaurant group Mitchells & Butlers have been blocking the appointment of independent non-executive directors, prompting the departure last week of two directors, including the chairman, Simon Burke.

The Daily Telegraph

* Hillary Clinton, the US Secretary of State, voiced support for Greece during a visit to Athens on Sunday, saying: "We stand by the people and government of Greece".