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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CourtsBusinessHeathrowPlace: LondonPlace: RussiaPlace: IraqPlace: New YorkOrganisation: FTSEOrganisation: BSkyBOrganisation: British AirwaysOrganisation: ICIOrganisation: NationalGrid TranscoOrganisation: Imperial TobaccoOrganisation: ITVOrganisation: ReutersOrganisation: Financial TimesOrganisation: CityOrganisation: AvivaOrganisation: Abbey NationalOrganisation: EggOrganisation: PrudentialOrganisation: British Energy
<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

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