A third of advisers do not expect the Bank of England to increase interest rates for at least another year, a study suggests.
The FTSE 100 opened flat Tuesday after a slump in financial stocks sent the Dow Jones to its first close below 10,000 in three months.
Traders are making record bets against the euro, underlining the mounting alarm over the region's debt crisis.
The UK's debt problems could be on a par with those facing Greece and Portugal, according to a former IMF economist.
The FTSE recovered some of last week's losses in early trading, rising 37.28 points (0.7%) to 5,098.20 with gains from miners and banks.
The Dow Jones dipped in early trading this morning after seeing huge losses on Thursday.
The FTSE slumped more than 100 points and is threatening to fall through the 5,000 barrier in Friday trade as it continues to be battered by global concerns over the economy and debt issues in Greece and Portugal.
The office of the New York attorney general, Andrew Cuomo, has charged Bank of America, its former chief executive Kenneth Lewis and ex-chief financial officer Joe Price with fraud for allegedly misleading shareholders over its acquisition of Merrill...
Disappointing US jobless data coupled with meltdown fears in Greece and Portugal as well as poor figures from Shell, hammered share prices in London today.
The European Central Bank (ECB) kept its main interest rate on hold at a record low of 1% for the ninth month running today, in line with expectation.