FTSE in the red

The London market plunged into the red today weighed down by a poor performance on Wall Street overnight and a heavy fall by Norwich Union owner Aviva.

FTSE in the red

The London market plunged into the red today weighed down by a poor performance on Wall Street overnight and a heavy fall by Norwich Union owner Aviva.

UK investors spooked by the prospect of rate hikes in the US and growing tensions in the Middle East joined the sell-off and the FTSE 100 Index stood 52.7 points lower at 5807.9 by mid-morning.

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