The UK is waking up to news of global financial turmoil.

09:00, Tue, Nov 18, 2025 Updated: 09:03, Tue, Nov 18, 2025

Traders At The New York Stock Exchange As Wall Street On Hold In Run-Up To Nvidia, Jobs Data

Stocks are plummeting around the world (Image: Getty)

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Fears of a global recession have erupted following the plummeting of stocks and shares in the US and Asia. 

Stocks have plunged globablly with Asian shares of bitcoin falling off a cliff after Federal Reserve Board of Governors member Christopher Waller's stark warning of redundancies at an "eye-popping" scale across major US firms. 

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FTSE-100

The FTSE-100 index at 8:15am was down 94.63 at 9580.80.

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