FTSE 100 Live: ‘Incident’ halts trading in many London stocks, index down as gilt yields surge

The FTSE 100 fell further today amid continued fears over the conflict in Israel and Gaza, as well as the prospect of higher-for-longer interest rates. Rentokil and Rightmove both lost more than 10%, with the King's ratcatcher blaming difficulties in the US for lower-than-expected profits, while Rightmove shareholders were spooked by US firm XCoStar's acquisition of rival OnTheMarket. Trading in a number of London stocks has been suspended after an unspecified 'incident'.