Markets

Does not expect dramatic fall

Zurich no longer plans bid for firm

Investors were given yet another reason to steer clear of Brazil after political turmoil and high debt levels saw ratings agency Standard & Poor's downgrade the country's status from investment grade to 'junk' this month.

UK interest rates could need to be cut further to support growth and return inflation to target, the Bank of England's chief economist has said.

Global concerns weighed on decision

Yellen faces tough decision

Depreciating rand weighs on firm

US markets also rise

Brewer SABMiller soars 20%

No need for 'violent reaction'