FTSE on rollercoaster as traders await election outcome

The FTSE 100 Index fought its way into positive territory today after a volatile start to trading amid the UK general election and continuing turmoil linked to Greece's debt woes.

World markets, which have been hammered in recent days amid doubts over whether the tough terms of its IMF and eurozone bailout can be pushed through, steadied slightly today despite renewed concerns that the crisis could spread across Europe.