Stock market rout wipes £50bn off FTSE 100 in China panic - live

Wall Street expected to tumble, following losses in Europe and Asia, as concern grows over China’s economy, and Beijing’s ability to handle the crisis

• Latest: FTSE 100 keeps tumbling
• Summary: European market slide after Asian rout
• Chinese stock market tumbled 8.5%; biggest fall since 2007
• Analyst: Beijing isn’t in control
• Beijing poised to flood the market with cash, says WSJ
• Japan’s Nikkei slid 4.6%
• Australia has worst day in six years