Early FTSE losses worst since Black Monday

Panic spread across world markets today as the FTSE 100 Index crashed 10% on fears of a global recession.

Early FTSE losses worst since Black Monday
Fri, 10 Oct, 2008 - 09:09

Panic spread across world markets today as the FTSE 100 Index crashed 10% on fears of a global recession.

More than 400 points was wiped off the FTSE 100 Index in devastating early session trading, taking the Footsie below the 4000 level.

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