New six-year low for FTSE

The beleaguered London market took another hammering today as a late sell-off left the FTSE 100 Index down another 3% at a fresh six-year low.

New six-year low for FTSE
Tue, 03 Mar, 2009 - 17:44

The beleaguered London market took another hammering today as a late sell-off left the FTSE 100 Index down another 3% at a fresh six-year low.

Fears over financial stocks sent the Footsie sliding 5.3% on Monday and an initial rally fizzled out today to leave blue-chips firmly in the red.

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