The FTSE 100 fell as European markets retreated after Ukraine fired US-supplied long range missiles into Russia for the first time, raising the potential threat of nuclear retaliation by Moscow.
After a positive early start, London’s blue-chip index dropped 0.5%, or 43 points, to 8,066 while France’s Cac 40 lost 1.5% and Germany’s Dax slid 1.4%.
‘President Vladimir Putin’s approval of an updated nuclear doctrine, broadening the conditions under which Russia might deploy nuclear weapons, including in response to a large-scale conventional attack on its territory. Use of atomic weapons is unthinkable, but we are getting close to very dangerous territories,’ he said City Index market analyst Fawad Razaqzada.
