FTSE under pressure again

Shares in London were under pressure for a second successive session today as investors continued to be shaken by global economic worries.

The FTSE 100 Index was down 55.1 points at 6231 by mid-morning, although this represented a recovery from the opening moments of trading when the top flight index slumped by 102 points. It fell 148.6 points yesterday after the Shanghai Composite dived 9% and investors latched on to recession fears expressed by former Federal Reserve chairman Alan Greenspan.