FTSE 100

European stocks advanced this afternoon following the US Federal Reserve's interest rate outlook, with miners driving the FTSE 100 to build on earlier gains.

The UK's public debt pile has climbed above £1trn for the first time ever, after the government borrowed almost £14bn last month.

Shares in Asia climbed overnight despite a stalemate in Europe as talks between Greek bondholders and politicians dragged on.

UK markets were firmer today, reaching new highs for 2012 as investors went to risk-on mode, despite the threat of a stand-off between Greece and its bondholders.

ON EMERGING MARKETS

ON UK GROWTH

SMALL CAPS

The FTSE 100 opened lower this morning despite recent positive economic data, as rumours of a Fitch downgrade of Italy weighed on markets.

With volatility set to dominate again this year, experts predict which sector or geographical region will surprise on the upside.

The FTSE 100 has extended losses as concerns over eurozone banks' need for more capital hit sentiment across the continent.