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The Guardian - UK
The Guardian - UK
Business
Mark Sweney and Graeme Wearden

Global markets tumble as Russia-Ukraine tensions hit shares

Bank of monitors at stock exchange
Travel-related stocks were hardest hit on the FTSE 100. Photograph: Alamy

About £42bn was wiped off the value of London’s top 350 listed companies on Monday as mounting fears of an imminent Russian attack on Ukraine triggered a global share sell-off.

European stock markets fell heavily, following losses in Asia-Pacific markets, as geopolitical tensions drove oil prices to seven-year highs.

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