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Evening Standard

Anna Wise

UK stock markets tumble as investors ‘spooked’ by US banking issues

United Kingdom Stock Market United States Barclays Standard Chartered

Data from the US has pointed to resilient consumer spending and relatively subdued inflation (Alamy/PA) -

The UK’s FTSE 100 has tumbled as a sell-off spreads across global markets, amid concerns about the stability of regional banks in the US.

Shares in big global banks like Barclays and Standard Chartered were down by more than 5% on Friday morning.

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Top stories on inkl right now

Five people shot and killed in apparent murder-suicide, Georgia police say

Deceased were all members of the same family, officials say, and one of victims placed the initial emergency call

The Guardian - US

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

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