12
May
Market Turmoil - Live Blog (GC in Guardian)
12 May 2010 The Guardian UK
4.35pm: Well, it's been another turbulent day on the world's markets, with investors appearing to lose faith in the strength of the €750bn eurozone bailout package.
The FTSE has just closed down 53.21 points at 5334.21, a drop of 0.99%, reversing some of its earlier losses as speculation of an imminent Lib Dem-Conservative deal intensified. The Evening Standard reported that Gordon Brown would step down tonight to make way for David Cameron to become prime minister [see 4.08pm]. This has boosted the pound, which surged to a session high of $1.4968.
http://www.guardian.co.uk/business/2010/may/11/market-turmoil-europe-debt-crisis-election-live-blog
