Update: FTSE falls further as US-North Korean tensions continue

Investors brace after “unpredictable" war of words

The FTSE 100 has fallen a further 1% on Thursday, after booking a 0.8% drop yesterday, as US President Donald Trump's suggestion of a large scale military response to North Korean threats continues to rattle markets.

The FTSE 100 had fallen 1.2% by 12.05pm today amid building US/North Korea tensions, with the drop further exacerbated by disappointing corporate results announced this morning. Mike van Dulken, head of research at Accendo Markets, commented:"Equities remain under pressure from geopolitical tensions but are also being impacted by ex-dividends and macro data. "The UK FTSE has broken lower following a disappointing trio of mixed UK Industrial/Manufacturing Production, another construction output decline and a wider trade deficit.   "The FTSE 100 has broken below 7,450 points, extendi...