The FTSE 100 share index has fallen sharply as fears about the health of the global economy return to spook investors. By the close of trading, it had lost 2.7% - wiping �41bn from the value of the UK's 100 biggest listed companies.
Deutsche Bank led a rout in global bank stocks on Monday as mounting concerns over the global economy, turbulent markets and sliding energy prices morphed into worries over the health of parts of the financial system.
The closure of Rugeley in Staffordshire, which can power one million homes, has been blamed on worsening market conditions. 21:55, UK, Monday 08 February 2016.
For the British oil industry, 2016 is shaping up to be a grim year as the sector grapples with the worst downturn for a generation.
Deutsche Bank on Monday night sought to allay concerns over its ability to pay coupons on its hybrid capital, after Germany's biggest lender was caught up in another day of turbulent market moves.