Leading shares have reversed earlier losses following the Bank of England's plan to increase its programme of money creation by £25bn, and a bright opening on Wall Street on the back of some positive data.
Having fallen as low as 5036.91, the FTSE 100 is now 23.98 points higher at 5131.87. The Dow Jones Industrial Average has climbed nearly 140 points in early trading, as business productivity grew at the fastest rate for six years and jobless claims hit a 10 month low, coming in below forecasts. Of course, the key US non-farm payroll numbers out tomorrow could see the mood change again if they come in worse than expected.
