Political gridlock in Washington left European markets in the red today amid disappointment over the lack of progress in resolving America's budget crisis.

Greece's failure to reach a concrete deal with creditors to avoid a default depressed world markets today, with banks among the biggest losers.

The FTSE 100 Index crept into positive territory today during another choppy session dominated by worries over the scale of Europe’s debt crisis.

There was little sign of an end to stock market turbulence today as eurozone concerns continued to weigh on blue-chip shares.

British food manufacturer Cranswick today reported soaring sales during the third quarter led by rising demand for premium food ranges at supermarkets in the run up to Christmas.