The uncertain run by the FTSE 100 Index continued today when early gains of more than 35 points were wiped out following a weak start in New York.

The FTSE 100 Index languished around its opening mark today as a lack of corporate data left it without much direction.

The FTSE 100 Index travelled in positive territory today as investors in drugs stocks took heart from a US rival triumphing in a patent dispute.

Fears that Vodafone could be dragged into another high-profile bid battle and higher inflation conspired to send the London market into the red today.

Britain’s biggest companies endured a torrid start in the City today as the FTSE 100 Index moved to within a whisker of recent lows.