Inflation and recession concoction sends global markets into the mire

Fears over the worst inflation crunch in recent history plunging the global economy into reverse sent the world’s biggest stock markets tumbling today. London’s FTSE 100 index slid 1.42 per cent to 7,215.43 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy…
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