UK stocks tumble with FTSE 250 hitting one-year low
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s top index has tumbled further and London’s FTSE 250 plunged to a one-year low after weaker trading updates and amid ongoing concerns over the escalating conflict in the Middle East. The FTSE 250, which is made up of more UK-focused firms, hit a one-year low after seeing more than 190 points shaved off the index. In company news, Rightmove’s shares also suffered heavy losses after CoStar announced it was buying rival property portal OnTheMarket for £99 million.