FTSE down almost 50 points

The FTSE 100 Index lost hold of early gains by midday today as investors continued to fret about recovery prospects for the world economy.

FTSE down almost 50 points

The FTSE 100 Index lost hold of early gains by midday today as investors continued to fret about recovery prospects for the world economy.

The uncertainty was fuelled by signs earlier this week that policymakers at the Bank of England and US Federal Reserve have moved closer to taking additional measures such as more quantitative easing.

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