The FTSE 100 Index suffered its fifth losing session in a row today as high borrowing costs for Italy and Spain fuelled fears of a eurozone meltdown.

Fears over Europe's debt plight resurfaced today as world markets cooled their initial enthusiasm over China's decision to let its currency rise.

Record results from BP helped the FTSE 100 Index creep even closer to the landmark 5000 barrier today.

BAE Systems today moved closer to landing a multi-billion dollar contract to protect commercial aircraft from missile attack.