The London market lost ground today as investors eyed events in the eurozone at the start of another vital week in its battle for survival.

A resilient performance from the scandal-hit banking sector and better-than-expected retail sales figures helped the FTSE 100 Index hold firm today.

London’s FTSE 100 Index surged 1.4% higher today as hopes of a resolution to the eurozone crisis offset another day of scandal for Britain’s banking sector.