FTSE slides back on foot of HSBC profits

The London market slid back towards its opening mark today as the City gave a cool reception to record profits from banking group HSBC.

FTSE slides back on foot of HSBC profits

The London market slid back towards its opening mark today as the City gave a cool reception to record profits from banking group HSBC.

After rising 23 points in earlier trading, the FTSE 100 Index retrenched to stand 6.4 points up at 5013.2 by mid-morning.

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