Stagflation fears trigger sea of red in the City as FTSE 100 plummets

Intensifying concerns that the UK economy is hurtling toward a period of stagflation sent London’s FTSE 100 tumbling this morning. The capital’s premier index plummeted over two per cent to 7,199.25 points, while the mid-cap domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, fell 1.58 per cent to [...]