FTSE slumps 7% amid recession fears

The FTSE 100 Index’s two-day revival came to a shuddering halt today as recession fears wiped £75bn from blue-chip stocks.

Wed, 15 Oct, 2008 - 18:42

The FTSE 100 Index’s two-day revival came to a shuddering halt today as recession fears wiped £75bn from blue-chip stocks.

The market made strong gains on Monday and Tuesday in the wake of its worst week since the 1987 crash as optimism over global banking rescues spread.

You have reached your article limit. Already a subscriber? Sign in

Save €40 on an Annual Subscription.​

Continue reading within unlimited digital access and exclusive subscriber benefits.

Cancel anytime

CONNECT WITH US TODAY

Whatsapp logo

WHATSAPP

Newsletter logo

NEWSLETTERS

Notification logo

NOTIFICATIONS

Be the first to know the latest news and updates

More in this section

Limerick Chamber CEO announces resignation after seven months Limerick Chamber CEO announces resignation after seven months
Carron + Walsh co-founder takes presidency of Waterford Chamber  Carron + Walsh co-founder takes presidency of Waterford Chamber 
A simple, very dark night time image of hands on an illuminated keyboard typing. Shady person wearing a hood at a computer or la 'Ordinary' porn is now a gateway to child sex abuse material
CourtsBusinessHeathrowPlace: USPlace: UKPlace: New YorkPlace: LondonPerson: Tim HughesOrganisation: FTSEOrganisation: FootsieOrganisation: Wall StreetOrganisation: JP MorganOrganisation: IG IndexOrganisation: Eurasian Natural ResourcesOrganisation: BPOrganisation: Royal Dutch ShellOrganisation: TreasuryOrganisation: HBOSOrganisation: Royal Bank of ScotlandOrganisation: Lloyds TSB
<p>Seán Leddin, founder of Fíor Jewellery, celebrating Fíor being awarded a €50,000 growth package to support its continued expansion.</p>

Maker of Ireland map necklace to stock jewellery at Carroll's Irish Gifts

READ NOW

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Latest

Business

Push Notifications

By clicking on sign up you will be the first to know about a selection of business content on this browser. Please note if you are unable to sign up via your mobile web browser, download and sign up for mobile push notifications via our FREE news app.

Sign Up
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Fergus Finlay
Fergus Finlay

Analysis

Lunchtime News

Newsletter

Get a lunch briefing straight to your inbox at noon daily. Also be the first to know with our occasional Breaking News emails.

Most Read

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited