More than 50bn wiped off FTSE 100 in Monday trading
It comes amid a banking stock sell-off More than £50 billion has been wiped off the UK’s biggest stock market on Monday after the second and third biggest bank failures in US history spooked investors across the globe. The collapse of tech-focused Silicon Valley Bank sparked fears across Wall Street that the banking system was being crippled by a relentless cycle of interest rate rises. It has prompted calls to