Oil prices halt FTSE progress

Record oil prices and a painful session for media stocks ensured the London market’s recent progress came to a juddering halt today.

Oil prices halt FTSE progress
Wed, 04 Aug, 2004 - 14:38

Record oil prices and a painful session for media stocks ensured the London market’s recent progress came to a juddering halt today.

Pay-TV company BSkyB led the fallers with a decline of 17% after fourth quarter subscriber numbers fuelled worries about future growth rates.

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