Markets
More than £40 billion wiped from FTSE 100 as US debt ceiling talks drag on
Global markets have been shaken as the deadline for raising the ceiling approaches
The share index which houses the biggest companies in London has seen its value slashed by as much as £44 billion as fears finally started to escalate that the US might default on its debt.
Global markets were shaken by a widespread sell-off which gripped both sides of the Atlantic, as the deadline for raising the US debt ceiling approaches.
In a quirk of how the US government works, there is a limit on how ...
