Once again, the London index has closed negative. It has been reported that the FTSE 100 index closed down 2%, on Friday. It is believed that the expected report on the sector reform would further dampen the market.

The Greece’s financial crisis is further making the investors worrisome. On the day, when the London market witness slop, the same day Euro fell downwards significantly. Its fall has caused unrest among the major market investors.

Meanwhile, it has come to light that President Barack Obama's plan of creating £280 billion jobs flopped as Dow Jones Industrial Average opened with a plunge. The plans of Obama were not heard by the masses as the Federal Reserve chief Ben Bernanke speech gathered all the attention.

In the coming meeting of G7 financial leaders, the euro zones crisis is sought to be the main subject of discussion. Moreover, Britain Bank’s crisis will also be pondered over during the meeting. On today’s trading, the Barclays and Royal Bank of Scotland witnessed a plunge as it lost 15p at 144p and 1.2p at 21.5p respectively.

Moreover, it is expected that Lloyds Banking will be selling more of its branches. The news of the sales of its braches proved negative for it as its shares fell by 1.9p.