FTSE rebounds from six

• FTSE 100 and 250 open nearly two hours late after software issue
• The blue-chip FTSE 100 hit a six-month low on Thursday, closing 1.13pc down, after China said US tariffs had broken a  “consensus” between the countries
• Asian shares gain ground after late rally by S&P 500 and Dow on Thursday
• Ryan Bourne: Populism on the Left and Right is poisoning economic discourse

The FTSE 100 bounced back from a six-month low on Friday, after a glitch delayed the start of trading across the UK’s top stock indices.

The London Stock Exchange delayed markets opening by almost two hours, after a technical issues was identified. It was the longest outage on the bourse in eight years, and the second in fourteen months.

When trading was able to resume, the blue-chip index quickly recovered some of Thursday’s drop. It had dropped to its lowest closing price since February as resurgent trade worries, Brexit concerns and temporary stock price discounts all added pressure.