The London market closed in the red today after US policymakers failed to signal that more emergency stimulus measures were on their way.

Fresh worries about the eurozone debt crisis and the UK economy meant London’s blue chip shares index struggled to make significant gains today.

Fresh fears that Greece and Portugal will sink under the weight of their debts saw London's leading shares index fall further from a six-month high today.

London’s leading shares index fell into the red today after a report from the International Monetary Fund (IMF) warned that time was running out to tackle threats to the economic recovery.