Pre-Budget jitters slow down FTSE

A respite from higher oil prices could not persuade investors to come off the sidelines in London ahead of today’s Budget speech.

Pre-Budget jitters slow down FTSE
Wed, 16 Mar, 2005 - 12:00

A respite from higher oil prices could not persuade investors to come off the sidelines in London ahead of today’s Budget speech.

News that oil cartel Opec had agreed to raise production was a bright spot on an otherwise dour day for the FTSE 100 Index when all the gains of the previous session were eliminated.

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