The FTSE 100 Index shed more than 2% today as cautious economic forecasts from the Bank of England dealt a blow to market sentiment.

Investors paused for breath today after the FTSE 100 Index’s best month in six years.

Investors took stock today after the FTSE 100 Index’s best month for six years amid cautious trading on the London market.

The London market advanced steadily higher today as optimism lingered after last week’s rally.