FTSE falls, prompted by Smith & Nephew

Medical devices firm Smith & Nephew led an exodus from the London market today after warning of slower sales growth.

Medical devices firm Smith & Nephew led an exodus from the London market today after warning of slower sales growth.

S&N was the heaviest FTSE 100 faller, off 6% or 34.5p to 509p, after lowering revenues guidance due to the impact of Hurricane Katrina and tough competition from new products.

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