World markets came under pressure today as eurozone debt fears returned to the fore and mounting political tensions between China and Japan troubled investors.

Record oil prices and good news from the banking sector helped the FTSE 100 Index surge to a fresh three-year high today.

Strong results from a heavyweight banking stock set the tone for another positive session by the London market today.

Fears about oil supplies kept the London market firmly in negative territory today.

Sainsbury’s shares held firm today despite the ailing supermarket group’s third profits warning this year.