Thursday, July 3, 2008
When does a ‘correction’ become a crash?
City crisis as FTSE 100 plunges 2.5%
The FTSE slumped by 2.5 per cent yesterday as further falls in the housing market scared investors away and deepened City gloom. Seema Shah at Capital Economics said: 'The correction in house prices is likely to step up a gear in the coming months.'
Add a comment