{"id":8774,"date":"2008-10-06T00:00:00","date_gmt":"2008-10-06T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"europes-turmoil-batters-london-shares","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2008\/europes-turmoil-batters-london-shares.html","title":{"rendered":"Europe&#8217;s turmoil batters London shares"},"content":{"rendered":"<p> Independent &#8211; The FTSE 100 Index tumbled more than 200 points today after a weekend of    financial turmoil in Europe. <\/p>\n<p> <!--proximic_content_off-->                      <!--proximic_content_on-->             <\/p>\n<p> Investors took scant comfort from Friday&#8217;s backing of a US financial rescue to    leave the FTSE 100 Index down almost 5 per cent or 240.5 points at 4739.  <\/p>\n<p> Banks were under pressure after German mortgage lender Hypo Real Estate became    the latest to receive state aid.  <\/p>\n<p> Analysts said the impact of the latest crisis crossed all sectors amid fears    of slowing demand.  <\/p>\n<p> Halifax Bank of Scotland &#8211; soon to merge with Lloyds TSB &#8211; plunged 15 per cent    in the sell-off, while Royal Bank of Scotland suffered a 10 per cent drop.  <\/p>\n<p> The market was also hit hard by hefty falls from heavily-weighted mining    stocks after experts warned that the sector&#8217;s earnings could almost halve    this year.  <\/p>\n<p>  <strong><a href=\"..\/news\/news_land.php?i=http:\/\/www.independent.co.uk\/news\/business\/news\/europes-turmoil-batters-london-shares-952685.html\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Independent &#8211; The FTSE 100 Index tumbled more than 200 points today after a weekend of financial turmoil in Europe. Investors took scant comfort from Friday&#8217;s backing of a US financial rescue to leave the FTSE 100 Index down almost [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1024,82,879,2114,597,83,3016,1408,969,600,750,1074,3015],"class_list":["post-8774","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-1-million","tag-bets","tag-dubai","tag-indexes","tag-intangible-assets","tag-medallion","tag-netherlands","tag-pam-beach","tag-rally","tag-royal-bank-of-scotland","tag-term-debt","tag-term-money","tag-tony-fratto"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8774"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8774\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}