Stock markets and government bonds have sold off across Europe after France was gripped by rioting and looting over the weekend.
With unrest also spilling into Italy, trading screens turned red in Paris and Milan – while shares in London and Frankfurt were also feeling the heat.
France’s Cac 40 slumped by 1.5 per cent while Italy’s FTSE MIB suffered a 1.9pc fall. In Britain, the FTSE 100 was down by more than 145 points, or 1.3 per cent, in afternoon trading, while Germany’s Dax lost 1.5 per cent.
A bond market sell-off saw France’s ten-year borrowing costs rise sharply from 4.78 per
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