FTSE slips on oil and interest rate fears

The London stock market took a battering today as jitters over higher interest rates and oil prices took their toll.

Thu, 20 May, 2004 - 16:40

The London stock market took a battering today as jitters over higher interest rates and oil prices took their toll.

By mid-afternoon the FTSE 100 Index had fallen 44 points to 4427.8 – lower than the level at which it started the year.

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