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FTSE down more than 5% wiping £57bn from blue-chip stocks

The FTSE 100 Index plunged more than 5% today as recession fears took hold despite a £50 billion banking bail-out and a shock interest rate cut.

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heraldscotland staff

The FTSE 100 Index plunged more than 5% today as recession fears took hold despite a £50 billion banking bail-out and a shock interest rate cut.