The bell-ringing and the guttural chants of the tuna auctioneers lend the place the air of a lamasery.

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In Hove, East Sussex, celebrations at the Hindu temple are on Thursday until 2030 GMT with bell-ringing, food and other activities.

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In 2010, Nasdaq marked its 20th anniversary in Silicon Valley with a bell-ringing ceremony at San Jose City Hall with Nasdaq CEO Robert Greifeld.

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"If Citi is allowed to fail, and GM is allowed to fail, those are the kind of bell-ringing events that could signal a bottom, " Arnott said.

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Outgoing schools adjudicator Ian Craig has said that by giving parents credit for Church activities such as bell ringing and church cleaning, some faith schools - though not specifically Church of England ones - were inadvertently "skewing" their intakes.

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