Shares lose £37bn

Billions of pounds have been wiped off share values as the FTSE 100 Index continues to nosedive.

Shares lose £37bn

Billions of pounds have been wiped off share values as the FTSE 100 Index continues to nosedive.

The Footsie has now fallen 160.5 points to 4909.8 - falling below the 5,000 mark for the first time since October 1998.

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