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UK markets fail to hold on to rally after week of bloodletting, IAG remains under pressure

UK markets staged a firm rally in early trading on Monday, following Asian markets higher and clawing back some of the heavy losses chalked-up last week. At 9am, the benchmark FTSE 100 index was up close on 2.7% at 6,756.35, while the mid cap FTSE 250 is also around 2.5% higher at 19,803.06. However, by midday those gains had been entirely wiped out with the FTSE 100 dipping 0.5% to ...
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