Economics / Markets

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.

In London, markets flourished with the FTSE up 101.5 points (1.91%) to 5420.70

Positive results news coupled with a 12-week low in oil prices has led to a fast start for the FTSE100 this morning. London's blue-chip index is following the US and Asian lead, up 70.30 points (1.32%) to 5389.50.

A proposed merger between British Airways and Iberia helped the airline soar almost to the summit of the FTSE100 this afternoon.

The FTSE100 has edged into the black in mid-morning trading after strong losses to bank stocks led to a sharp early slide. London's blue-chip index is currently 1.80 points (0.03%) higher to 5314.40.

In London, markets held steady until Wall Street trading began, before dropping suddenly at close of play, with the FTSE 100 down 43.5 points (0.81%) to 5,309.1.