FTSE fails to build on yesterday's gains

Hopes that the London market could build on yesterday’s rally were dashed today as investors gave the thumbs down to updates from Whitbread and BP.

Tue, 25 Oct, 2005 - 12:26

Hopes that the London market could build on yesterday's rally were dashed today as investors gave the thumbs down to updates from Whitbread and BP.

Leisure giant Whitbread fell more than 3% or 32p to 931.5p as investors looked beyond solid growth at its Premier Travel Inn business to falling earnings at its pub restaurants arm.

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CourtsBusinessHeathrowPlace: LondonPlace: Wall StreetPlace: UKOrganisation: FTSEOrganisation: WhitbreadOrganisation: BPOrganisation: Premier Travel InnOrganisation: FootsieOrganisation: Royal Dutch ShellOrganisation: GlaxosmithklineOrganisation: AntofagastaOrganisation: Rio TintoOrganisation: MarconiOrganisation: EricssonOrganisation: BT
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