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    A worker shelters from the rain under a Union Flag umbrella as he passes the London Stock Exchange in London, Britain, October 1, 2008.

    Tick Tock Tick Tock: Late Start for London Stock Exchange

    © REUTERS / Toby Melville
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    Britain's stocks have failed to open on time on June 7.

    A technical issue has been blamed for causing a delay for traders on London's stock market.

    Trading started an hour later than usual at 9am amid speculation on the nature of the issue which caused the outage.

    A spokesperson for the London Stock Exchange (LSE) said: "The opening of London Stock Exchange was delayed this morning due to a technical issue that has been resolved.

    Once the market opened, the FTSE 100 index rose — but then fell back into negative territory by 10am.

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