It might be all doom and gloom at the moment, but that doesn't mean takeover speculation has completely dried up. There's some excitment in bookies William Hill at the moment.
The company's shares have been strong all day, and traders were hearing whispers of possible bid interest.
The suggested predator was Greek gaming group Opap, which specialises in lotteries and sports gambling. Its market capitalisation is nearly £6bn compared with £1.4bn for William Hill. Opap shares were down around 5% while William Hill jumped 15% to 428.25p. But with both sides playing down the tale, the gain was pared back to 9%.
As for the wider market, the FTSE 100 has fallen again in line with Wall Street, and is now down 116.3 points at 5623.8.
