FTSE At 2012 Low Amid World Market Rout

The global stock market rout has intensified, with Japan's Nikkei losing 5.4% of its value in a horror show of a trading day that saw a rush for safe havens such as gold and the yen. The FTSE 100 and its European counterparts sank further into the red on Tuesday - with the FTSE trading at its lowest intra-day level since November 2012.