London shares close slightly ahead

London shares lost momentum today following earlier euphoria over the decision by HBOS to resist making a bid for Abbey National.

London shares close slightly ahead

London shares lost momentum today following earlier euphoria over the decision by HBOS to resist making a bid for Abbey National.

The FTSE 100 Index surrendered a 29-point gain to finish the day just 2.8 points ahead at 4548.4.

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