FTSE 100 at six-month low

FTSE 100 at six-month low

The FTSE 100 plummeted to its lowest level since April, down 1.65pc at 7,027.79 after a global rout on equity markets led to concerns over fast rising rates and risk aversion.

UK energy giant Centrica was amongst the biggest losers on the FTSE 100, down 3.18pc.

Brent crude slipped 1.93pc to $81.49 after US inventories climbed higher than expected.

Sterling was flat during the morning session at $1.3192 against the dollar, despite signs that Britain and the EU could soon agree on a Brexit deal, although investors remained cautious over the issues surrounding the Irish border.

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