Update: Only handful of winners as FTSE falls below 5,000

Laura Miller
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The UK's index of 100 leading shares fell 2.76% to below 5,000 this morning, as global markets showed no signs of shaking off fears the West is heading back into recession.

There were only a handful of winners by 11am with the FTSE down 140.73 points to 4,951.50. Software firm Autonomy was the main bright spot, up 75%, after it agreed to be bought by US giant Hewle...

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