Shares 'will fall another 60%'

FUND manager Hugh Hendry has correctly predicted the downward slide in the stock market so far. Today he warned that the FTSE 100 index, down 50% from its peak, is set to more than halve again before it hits rock bottom. This Is Money's Andrew Oxlade asked Hendry to explain why there is much more pain to come. Click here to read his report on the Saving & Investing page.