The FTSE 100 has lost 2.15% today on economic growth concerns. Concerns sparked in the US and Asia...
The FTSE 100 has lost 2.15% today on economic growth concerns. Concerns sparked in the US and Asia overnight caused the oil price to dive and it is now below the $109 point. The UK's benchmark index opened over 1% down thanks to the gloom and fell throught the day to close at 5499.70. The pound continued to tumble against the dollar on UK recessionary fears, fuelling the FTSE falls today. A poor trading statement from Punch Taverns brought the leisure sector in on the tumble, with Enterprise Inns following on with equity falls.
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