FTSE 100 hits one-year low as market fears deepen after Trump stands by tariffs

Analysts have warned that the scale of disruption caused by Donald Trump’s tariffs in global financial markets is one of the worst to be felt in decades (Niall Carson/PA)

By Anna Wise and Caitlin Doherty, PA

The UK’s FTSE 100 has plunged to a one-year low as fears deepen over the global impact of Donald Trump’s tariffs, despite Sir Keir Starmer promising new measures to support under-pressure manufacturers.

Analysts have warned that the scale of disruption in global financial markets is one of the worst to be felt in decades.