FTSE dives as global rout triggers new recession fears

clock

Updated: The FTSE dropped more than 3% in the first six minutes of trade on Friday as it tracked US and Asian markets sharply lower amid the ongoing global sell-off.

London's leading index was trading as low as 5,205 at shortly after 8am but has recovered slightly to 5,300 (9am), still down 1.68% on yesterday's close. RBS is the biggest faller, plummeting 14...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

ICSWG launches climate investing framework

ICSWG launches climate investing framework

Framework will assist investors in decision making to support real-world change

Martin Richmond
clock 07 January 2026 • 2 min read
ESG progress stalls across UK fiduciary management market

ESG progress stalls across UK fiduciary management market

Just 21% of fiduciary managers were rated ‘green’ in 2025, down from 38% last year

Jonathan Stapleton
clock 07 January 2026 • 2 min read
FM fees for smaller schemes plateau amid cost inflation and falling asset values

FM fees for smaller schemes plateau amid cost inflation and falling asset values

Latest EY survey also shows shift towards internal fund management

Jonathan Stapleton
clock 06 January 2026 • 4 min read
Trustpilot