Global stock markets have fallen sharply on a cocktail of worries led by a potential crisis brewing in China – and added to by gas supply concerns in Europe.

Fears over the future of Chinese property giant Evergrande – and the possibility that its problems could have wider knock-on effects in the world’s second biggest economy – sent Asian markets sharply lower overnight.

Stock indices in Europe followed suit, with France’s Cac 40 and Germany’s Dax each losing about 2% of their value and Wall Street also heading south later, with New York’s Dow Jones down by 2%.

Image: The FTSE 100 fell to a two-month low

Worries about Evergrande have been growing as it scrambles to raise funds

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