Euro markets suffer amid fresh global growth fears

All the major European indices were down on Tuesday afternoon, with London's FTSE more than 1% lower, France's Cac 40 down 1.4% and Germany's Dax 1.3% lower. Earlier today, the International Monetary Fund (IMF) lowered its GDP forecasts for the UK, US and Japan, reigniting fears of a slowdown in global growth. Continuing to weigh on sentiment was the decision by Japanese authorities to raise the severity level of the incident at the Fukushima-Daiichi nuclear power plant to 7 - the highest since the 1986 Chernobyl disaster. In London, the FTSE 100 slipped beneath 6,000 to 5,985 with...