Pick of the early market news

Adrian Holliday

AFP/Getty

How long can the exultation last, you wonder? The FTSE 100 soared more than 160 points higher, hitting 5,714. Barclays shares rallied hard - up more than 17%. But a member of the Bank of England's Monetary Policy Committee, Paul Fisher, has warned that even if the eurozone crisis is contained, the likelihood of a double-dip UK recession is "significant". More bumps ahead.