Earlier this week, the former CEO and owner of the Peanut Corporation of America was sentenced to 28 years in prison for his part in a salmonella outbreak that led to the death of nine people across the US. More than 700 people suffered illness and 166 being hospitalised as a result.

The FTSE 100 Index was stuck in the red today as investor nerves continued to weigh on sentiment.

Fiat said today three financial institutions were supporting the Italian carmaker's plans to create a global powerhouse by merging with Chrysler LCC and General Motor’s Opel and Vauxhall brands.

Vauxhall’s “Home of the Astra” looked under threat today after General Motor’s European boss admitted it could be vulnerable in the battle to attract new models.