Fears over Chinese economy, plunging oil price and Greece wipe £112bn from top UK equities as 100 index hits 6300.63Global stock markets continued to tumble on Friday, pushing the FTSE 100 to its worst weekly fall for more than three years. The slump has seen £112bn wiped off the value of Britain’s leading companies since Monday.Investors headed for the exits amid growing fears about the Chinese economy, a tumbling oil price and the prospect of a new eurozone crisis prompted by political uncertainty in Greece. Continue reading...
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