Britain's leading shares index has brought a turbulent week to a close as world leaders failed to ease global recession fears.
The FTSE 100 Index lost 5.6% or £78 billion from its value this week, which is the second worst weekly fall this year, despite a last-minute push which saw it close 0.5% higher on the day.
A gloomy outlook from America's central bank, weak Chinese and eurozone economic data and the enduring sovereign debt crisis battered investors' confidence throughout the week.
Britain's leading shares index has brought a turbulent week to a close as world leaders failed to ease global recession fears.
The FTSE 100 Index lost 5.6% or £78 billion from its value this week, which is the second worst weekly fall this year, despite a last-minute push which saw it close 0.5% higher on the day.
A gloomy outlook from America's central bank, weak Chinese and eurozone economic data and the enduring sovereign debt crisis battered investors' confidence throughout the week.