
The global energy crisis continues to be the main focus for markets after a fresh surge in UK natural gas futures deepened inflation fears and sent the FTSE 100 index down more than 1%.
Natural gas is now at the oil equivalent price of over $200 a barrel, having risen further today amid a global supply shortage.
Supermarket giant Tesco offered some cheer for investors, however, reporting a big jump in half-year profits alongside forecasts for a better-than-expected financial year overall.