Market regains some of yesterday's losses

The FTSE 100 index is up more than 15 points to 5,206 at present after nervous investors sold out yesterday on the Bank of England's Monetary Policy Committee decision to retain interest rates at 4%. The gains come despite falls in indices overnight on Wall Street and complaints by UK industry that not lowering rates further will continue to hamper any chances of recovery. In New York the Dow Jones Industrial Average shed 26.23 points to 10,067.86 although Nasdaq's Composite index gained marginally by 2.35 points to 2,047.24. Tokyo's Nikkei 225 dropped 96.84 to 10,441.59, as H...