The FTSE 100 has suffered its biggest one-year fall since the financial crisis in 2008.

London's leading stock index was 12.5% lower at the end of 2018 compared with the start of the year, wiping more than £240bn off the combined value of its constituent companies.

Wall Street also limped across the finish line of what has been its worst year in a decade, with markets battered by anxieties about a US-China trade war and global economic slowdown, as well as Brexit worries.

The FTSE 100 ended a shortened day of trading on New Year's Eve at 6728. Little changed on the day, meaning it closed 960 points lower than its level at the start of the year.

It is nearly 1200 points lower than the FTSE's record high achieved in May this year.