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FTSE blog: Markets tumble on latest Greek concerns

The FTSE 100 has breached 5,500 today as investors’ concerns about the health of the eurozone continue to grow.

At 16.12, the FTSE 100 stood at 5463.06 a fall of 2 per cent. Markets across Europe also fell with the German Dax and the French Cac 40 down 2 and 2.2 per cent respectively.

Investor attention remains fixed on the eurozone, as talks over the weekend to form a new government in Greece appear to have failed and the country is likely to return to the ballot box. There are also renewed concerns of Greece leaving the euro.

Barclays was the biggest faller in the FTSE 100, having seen over 6 per cent wiped off its share price.


Long-term care funding must help poorest first

A thinktank set up by Work and Pensions Secretary Iain Duncan Smith has rebuked the Dilnot commission’s proposals for funding long-term care, saying they will do little to help the poorest people fund their care arrangements. The Dilnot report, published last July, calls for a cap on individuals’ lifetime contributions to social care costs of […]


FTSE blog: Markets record further losses

European markets continued to fall today as concerns about Greece remain high on the agenda. At close, the FTSE 100 was down 1.2 per cent to stand at 5338.38. The German Dax and the French Cac 40 were both down over 1.2 per cent. Greece announced yesterday that is set to hold fresh elections on […]


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