Sighs of Relief As the Footsie Gets a Fightback Under Way ; Markets

Summary


LONDON shares staged a tentative rally today as nervous City professionals took heart that a financial Armageddon seems to have been delayed, at least for a while.

With swirling fears of more banking failures and rising expectations of a recession, trading volumes in the Square Mile were moribund at best.

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Extract


Sighs of Relief As the Footsie Gets a Fightback Under Way ; Markets

The Dow and FTSE 100 tumbled yesterday on rising talk that a major pla...

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