FTSE 100 falls 1.4% as UK banking stocks drop amid Middle East conflict fears
The FTSE 100 closed down 1.4% on Tuesday as UK banking stocks including HSBC, Lloyds, NatWest and Barclays fell sharply
The FTSE 100 closed down 1.4% on Tuesday as UK banking stocks including HSBC, Lloyds, NatWest and Barclays fell sharply
The London Stock Exchange dropped for a sixth session in a row when markets opened this morning.
Rachel Reeves takes centre stage today with the Chancellor expected to unveil £40bn in measures aimed at stabilising public finances during her Budget later today.
The FTSE's jitters is a clear indication that financial markets are anxious in the wake of the measures announced by Chancellor Rachel Reeves yesterday in the Commons.