The FTSE 100 has breached 5,500 today as investors’ concerns about the health of the eurozone continue to grow.
At 16.12, the FTSE 100 stood at 5463.06 a fall of 2 per cent. Markets across Europe also fell with the German Dax and the French Cac 40 down 2 and 2.2 per cent respectively.
Investor attention remains fixed on the eurozone, as talks over the weekend to form a new government in Greece appear to have failed and the country is likely to return to the ballot box. There are also renewed concerns of Greece leaving the euro.
Barclays was the biggest faller in the FTSE 100, having seen over 6 per cent wiped off its share price.