Doom-mongers were stunned as the index of Britain's biggest blue-chip companies ended up worth more last night than at the start of the week.
The governor of the Bank of England has stepped forward to calm financial markets after the Brexit vote sent the pound to its lowest level since 1985 and at one point wiped �120bn off the value of Britain's leading shares.
The shock from the U.K.'s surprise vote to leave the European Union swept across global markets, punishing stocks, the British pound and emerging-market currencies.
Morgan Stanley has shot down reports that it was preparing to uproot thousands of jobs from London in the wake of the UK's decision to leave the EU.
Fashion etailer Asos has blamed a third-party power outage for its website being unavailable to shoppers since yesterday evening. Both the fashion etailer's website and mobile app started encountering problems yesterday evening.