London ensnared by global market turmoil as recession jitters spread

The City was ensnared by a global market sell off this morning as investors ditch stocks over fears soaring inflation will tip major economies into recession. London’s premier FTSE 100 index tumbled nearly two per cent to 7,291.94 points during opening exchanges this morning, while the domestically-focused mid-cap FTSE 250 index, which is more aligned [...]