Footsie in the red

Shares in London drifted into the red today despite enthusiasm over a potential £1 billion takeover battle in the housebuilding sector.

Footsie in the red
Mon, 17 Jul, 2006 - 18:31

Shares in London drifted into the red today despite enthusiasm over a potential £1 billion takeover battle in the housebuilding sector.

Worries over rising oil prices and a surprise blow to confidence among gambling stocks generated gloom in the City as the FTSE 100 Index dipped 6.6 points to 5701.

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