The FTSE 100 was up sharply mid-morning after a strong session in Asia saw markets claw back much of the losses seen in recent days.
The FTSE 100 is extending early losses after data from the vital UK services sector showed the largest decline in activity in a decade.
Average bonuses for directors of FTSE 350 companies soared by 187% since 2002, despite companies' share prices failing to follow suit, a new report has revealed.
The FTSE 100 was enjoying a second consecutive day of gains on Wednesday as investors pushed the index to a two-week high.
US markets have opened lower, with the S%P 500 losing ground initially as investors await consumer confidence data.
Investment banks believe the FTSE 100 will end the year above 6,000 points - despite the turmoil of recent weeks, according to a new survey.
The FTSE 100 has opened 3% higher after the Dow Jones added 250 points overnight, with financials leading the surge.
The FTSE opened more than 40 points lower on Friday as US Federal Reserve chairman Ben Bernanke gears up to deliver a key speech on the ailing US economy.
The last few weeks have seen unprecedented market volatility as investors take fright at the ongoing debt crisis in the eurozone and a series of weak economic data from the US.