FTSE plummets after turbulent day

A turbulent session for world markets left the FTSE 100 Index at its lowest level for more than three years tonight.

FTSE plummets after turbulent day
Mon, 29 Sep, 2008 - 18:47

A turbulent session for world markets left the FTSE 100 Index at its lowest level for more than three years tonight.

The Footsie’s slide of more than 5%, or 269.7 points to 4818.8, came after the nationalisation of Bradford & Bingley, a state bail-out of Belgium’s Fortis and a takeover of US bank Wachovia by Citigroup.

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CourtsBusinessHeathrowPlace: BelgiumPlace: USPlace: LondonPlace: SpainPlace: UKPerson: Collins StewartPerson: Thomas CookPerson: Taylor WimpeyOrganisation: FTSEOrganisation: FootsieOrganisation: BradfordOrganisation: FortisOrganisation: WachoviaOrganisation: CitigroupOrganisation: Royal Bank of ScotlandOrganisation: ABN AmroOrganisation: ABNOrganisation: RBSOrganisation: B&BOrganisation: SantanderOrganisation: HBOSOrganisation: Lloyds TSBOrganisation: HSBCOrganisation: IcapOrganisation: XLOrganisation: Tui TravelOrganisation: Bank of EnglandOrganisation: Barratt DevelopmentsOrganisation: JessopsOrganisation: MorrisonsOrganisation: Man GroupOrganisation: Xstrata
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