Stocks dive more than 5% (AFP)

The London FTSE 100 index of leading shares was down 5.25 percent at 4,292.90 points in late trade, as a huge cut in interest rates led investors to believe that Britain was set for a deep recession.(AFP/File/Ben Stansall)AFP - The London FTSE 100 index of leading shares was down 5.25 percent at 4,292.90 points in late trade on Thursday, as a huge cut in interest rates led investors to believe that Britain was set for a deep recession.

AFP

Posted by

No Comments Yet - You can be the first to comment!

Sorry, comments for this entry are closed at this time.




  • EU summit statement on financial crisis (AP)