Worst week in six years as FTSE sheds 7% in seven days

Published Date: 06 September 2008 THE London market slumped more than 2 per cent for the third session in a row as more miserable economic data sent shares diving on both sides of the Atlantic – cementing the sharpest FTSE weekly drop in more than six years. The FTSE plunged 121.4 points, or 2.3 per cent, to 5,240.7, repeating performances seen on Wednesday and Thursday amid sustained fears for the world's... [read full story]