Qualified advisers answering your
Financial Questions
call 0800 092 1245

FTSE 100 falls as Bank of England issues warning

The UK stock market fell today as the Bank of England issued a cautious note on the UK economy and investors took fright. The FTSE 100 index was down 2.5% at the close amid concerns that the UK economy could tip into a recession towards the end of 2010. The situation was made worse when the Federal Reserve in America also issued a cautious statement on the US economy and confirmed it was looking to acquire U.S. Treasury bonds to pump liquidity back into the US economy.

Over the last two weeks there has been a significant shift in sentiment amongst international investors and today's announcement by the Bank of England and the Federal Reserve in America has changed the outlook completely. At the turn of 2010 there were high hopes that the US and the UK economies were moving towards a sustainable recovery although these hopes have faded somewhat over the last week.

It will be interesting to see how investors react to the disappointing news from the Bank of England and the US over the next few days and indeed whether we are seeing the creation of a downward trend in international investment markets.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details