LONDON - Stock markets in the UK and across Europe fell sharply this morning as news of a series of explosions in central London broke.
At 8.52am London time, a series of explosions were reported on the London Underground and on a bus. Thirty-three people have been confirmed dead and hundreds injured, although reports state that these numbers are expected to rise.
The FTSE 100 opened at 5229.60, falling to 5022.10 as a low, but climbed back to 5142.50 by 3.20pm.
The Dow Jones Stoxx 50 opened trading today at 3082.71, hitting a low at 11.30am of 2953.21 before recovering to 3038 by 3.20pm.
Similarly, news of the terrorist attacks in London led the US market to fall on opening. The S&P500 fell from 1194 to 1883.55 by 10.20am EST.
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Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point