"I do not see the market ending the year below 5,000 unless there is a dramatic change in the situation with the euro. There are obviously deep problems at the moment but they will have to be sorted out and the market will bounce back. It’s certainly going to be a difficult year."
JEREMY BATSTONE-CARR | CHARLES STANLEY
"The wings of default are beating remorselessly in the background and the sovereign debt situation is very serious. Investors are in for a rollercoaster ride until at least the end of the year. Predicting what level the market will be at is almost impossible because there is so much volatility."
ALAN CLARKE | BNP PARIBAS
"I think the announcement on cuts by the coalition and the emergency budget should help to restore some confidence. The markets want something concrete. Germany’s ban on short-selling did not help the markets – it was a unilateral decision and perceived as politically motivated."