British stock market records worst daily drop since 2020


  • World
  • Saturday, 05 Apr 2025

LONDON, April 4 (Xinhua) -- The FTSE 100 Index fell 4.95 percent and closed at 8,054.98 on Friday, marking its worst daily drop since March 2020.

The plummet came amid fears about the economic impact of newly announced U.S. tariff increases. Banks were the hardest hit while utility companies were among the few gainers.

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