FTSE heading for fresh low

The FTSE 100 Index was heading for fresh lows today as retail and financial stocks fell heavily during a gloomy session.

FTSE heading for fresh low

The FTSE 100 Index was heading for fresh lows today as retail and financial stocks fell heavily during a gloomy session.

By lunchtime the blue-chip index had recovered from an earlier 190-point low but was still skidding towards the 3700 mark, down 114.3 points at 3743.7.

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