FTSE down after another day of financial turmoil

Trading screens across London turned red today as blue-chip stocks took a fresh pounding on global recession fears.

FTSE down after another day of financial turmoil

Trading screens across London turned red today as blue-chip stocks took a fresh pounding on global recession fears.

Crude oil tumbled below 50 US dollars a barrel while lower metal prices also hit miners, offsetting gains for beleaguered banking stocks.

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