FTSE sheds £96bn on 'Black Monday' for global markets

Blue-chip index fell below 6,000 for first time since 2013

The FTSE 100 index closed down 4.7%, after dipping below the 6,000 mark earlier in the day, as escalating fears over China caused global markets to suffer a 'Black Monday' sell-off.

The UK's blue-chip index closed 4.7% lower at 5,899, marking the first time it has sank below the 6,000 mark since January 2013. The biggest fallers in the index were mining stocks, with Glencore falling a staggering 12.4% following last week's falls in its share price, and Anglo American and BHP Billiton hot on its heels with their own falls of 9.6% and 8.5%, respectively. FTSE 100 worst falls in history   Date             Close           % fall        20/10/1987        1,801.60    -12.22% 19/10/1987    2,052.30 -10.84% 10/10/2008    4,589.19 -8.85% 06/10/2008    ...