London Stock Market Plunges

The London Stock Market Index has fallen by more than 100 points. The pound has slipped against the dollar as well. FT.com has more details

A bomb has gone off in a street near Liverpool Street. People have been warned to stay away from Central London because a series of controlled explosions will be conducted.

Unconfirmed reports say that Mobile phone systems have been switched off in parts of central London. This is to prevent mobile phones being used to trigger more bombs.

More reports from the towns Swindon and Brighton. this is a hallmark of Al Quaeda.