London’s FTSE 100 Index failed to kick ahead today despite receiving a dose of upbeat corporate news.

THE uncertainty about the possibility of war was the underlying factor which wiped millions of euro from the value of shares on stock markets across the globe yesterday, according to Goodbody Stockbrokers head of research Colin Hunt.

British Telecom said today it is in talks to outsource its accounting and financial services operation as part of an ongoing restructuring programme.