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Market summary

2:33pm GMT

World markets

Shanghai 2,763.49 -17.53 (-0.63%)
S&P 500 1,855.15 -24.90 (-1.32%)
Nikkei 225 17,004.30 +184.71 (1.10%)
Hang Seng Index 19,288.17 +105.08 (0.55%)
TSEC 8,063.00 -68.24 (-0.84%)
EURO STOXX 50 2,809.95 -69.44 (-2.41%)
CAC 40 4,100.56 -100.11 (-2.38%)
S&P TSX 12,763.99 0.00 (0.00%)
S&P/ASX 200 4,975.40 -0.80 (-0.02%)
BSE Sensex 24,287.42 -329.55 (-1.34%)
TA25 1,428.06 -9.83 (-0.68%)
SMI 7,817.72 -142.41 (-1.79%)
ATX 2,052.82 -77.12 (-3.62%)
IBOVESPA 40,592.09 -229.64 (-0.56%)
SET 1,307.57 +1.28 (0.10%)
BIST100 72,842.26 -1,361.28 (-1.83%)
IBEX 8,247.90 -251.60 (-2.96%)
WIG 44,209.12 -462.54 (-1.04%)
TASI 5,905.50 +9.71 (0.16%)
MERVAL 12,846.93 +23.47 (0.18%)
IPC 43,229.67 0.00 (0.00%)
IDX Composite 4,798.95 +133.13 (2.85%)

Currencies

GBP/USD 1.4391 -0.0117 (-0.81%)
GBP/EUR 1.2938 -0.0063 (-0.48%)
GBP/JPY 167.1718 -2.5065 (-1.48%)
GBP/HKD 11.2089 -0.0919 (-0.81%)
GBP/CNY 9.4579 -0.0826 (-0.87%)
GBP/AUD 2.0352 -0.0123 (-0.60%)
Osborne 'may have to raise taxes or slash spending to balance books by 2020'
Chancellor George Osborne may have to impose large additional tax rises or spending cuts at very short notice to meet his target of balancing the nation's books by 2019/20, an influential economic think-tank has warned.
Financial market turmoil could blow a hole in Osborne's budget plans, says IFS  
Osborne's big worry - lack of wage growth  
Market Chart
5,736.25 -111.81 (-1.91%)
15,705.11 -297.17 (-1.86%)
3,155.33 -59.78 (-1.86%)
3,583.00 -92.90 (-2.53%)

Top stories

Big Six energy provider npower said it will cut its average prices by 5.2%, which will reduce its standard domestic gas tariff by �32.
Irish shares prices have fallen some 3 per cent this morning as a heavy sell-off sweeps across European markets. The ISEQ index was down 2.9 per cent by midday, having dropped by more than 3 per cent earlier , with particularly sharp falls in some ...
India will likely grow at 7.6% in 2015-16, faster than the previous year's 7.2% but nearly one percentage point lower than earlier forecasts, government data showed on Monday, mirroring the possible impact of two successive drought years and plunging ...
Asian shares pared losses on Monday as a weaker yen helped Japan's Nikkei snap a four-day losing streak, but trade was thin with many regional markets closed for the Lunar New Year holiday.
The world's largest lockmaker Assa Abloy, sometimes seen as a lead indicator of global economic trends, lifted organic sales 4 per cent last year, but warned demand was becoming weaker in many developing markets.

Trends

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