Economics / Markets

The FTSE100 is over 1% higher in mid-morning trading on a fairly volatile opening for many London blue-chip stocks. It is currently 58.40 points (1.1%) ahead to 5378.60.

Activity in the UK service sector shrank again in July, according to the latest CIPS survey.

The FTSE100 has fallen again, down by 43.40 points or 0.81% to 5311.30.

The impact of the credit crunch has already sown the seeds for a renewed house price boom from 2010, according to the cebr.

The FTSE100 has rebounded from a sluggish opening for miners to sit comfortably in the black this morning, up 41.70 points (0.78%) to 5396.40.

Business confidence amongst manufacturers has fallen across the UK, according to the latest CBI/Experian Regional Trends Survey.

Alliance Trust Research Centre's Financial Reality Index has revealed that the fiscal welfare of UK households is at all-time low.

The FTSE100 has dived again, currently 28.8 points (0.53%) lower to 5383.10, as resources and energy companies take a hit.

After a rollercoaster ride, London shares settled slightly below their opening levels, down 8.8 points (0.16%) to 5,411.9.

The FTSE100 is almost level again this morning after a fairly volatile start to trading; currently 2.10 points (0.04%) lower to 5418.60.