FTSE plunges as Trump tweets 'China!'

The FTSE 100 tailed off sharply on Friday afternoon as fears mounted that US president Donald Trump will retaliate against China over a sweeping national security law it approved for Hong Kong. Trump was due to hold a news conference later on Friday, and markets began to fall after he simply tweeted 'CHINA!'. The UK's benchmark index closed 2.29%, or 142.19 points, lower to 6,076.60. LARGE AND MID CAP RISERS AND FALLERS Gambling group Flutter Entertainment fell 2.48% to £103.37 after it raised £812m in a share placing with institutional investors. Retail investors were not able to participate and buy shares in the placing. Pharma... Read More

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