£34bn wiped off FTSE

More than £34bn was wiped off the value of the UK’s leading companies today as the FTSE 100 Index plunged 2.4% lower.

£34bn wiped off FTSE
Tue, 30 May, 2006 - 20:18

More than £34bn was wiped off the value of the UK’s leading companies today as the FTSE 100 Index plunged 2.4% lower.

Stockmarkets around the world were hit by aggressive selling as fears over higher inflation and interest rates spilled out of the United States.

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