UPDATE 12pm: The FTSE is 20 points higher while other key European markets have jumped 1.3% on news Portugal has succeeded in raising £1bn in a bonds auction, easing concerns over the country's need for an EU bailout.
A further 450,000 people will be trapped in the government's tax chaos, HM Revenue and Customs admitted yesterday.
The euro has fallen against the dollar amid renewed debt fears in the region as the yield on Portugal's treasury bill sale climbed to nearly double that of its last issuance.
Espírito Santo Activos Financeiros, a branch of Portugal's Banco Espirito Santo, has launched its inaugural ETF on NYSE Euronext Lisbon.
Economist Nouriel Roubini, known around the world as Dr Doom for forecasting the credit crisis, says Portugal will be the next European country in line for an Irish-style bailout.
European finance ministers and the International Monetary Fund have agreed a €85bn (£72bn) bail-out for Ireland in an effort to calm market fears of a new banking crisis.
Commerzbank in partnership with NYSE Euronext has launched two new ETFs on the Lisbon stock exchange.
The number of IFAs facing issues with overseas property investments has soared over the last few years as the fall-out from the financial crisis has hit the schemes hard, according to a legal services firm.
Ashton Bradbury, head of equities at Old Mutual Asset Managers (UK), on how fearful should we be about the long term impact of the sovereign debt crisis?
Investors are placing bets on a Black Monday-style crash in the UK stock market at the fastest rate since the collapse of Lehman Brothers in 2008, the Bank of England warns.