Shares have been hit by the shock arrest of Huawei CFO Meng Wanzhou

The selloff in London is gathering pace!

The FTSE 100 has now shed 1.5%, or 110 points, leaving it firmly slumped at a two-year low.

Stocks are down across Europe too.

The Stoxx 600 index has hit a six-week low, dragged down by technology stocks and car makers (who would both suffer from a US-China war).

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Author: Graeme Wearden