FTSE in the red

The London market slid into the red today as the scale of losses by internet bank Egg hurt owner Prudential.

FTSE in the red
Fri, 28 Jul, 2006 - 13:13

The London market slid into the red today as the scale of losses by internet bank Egg hurt owner Prudential.

Shares in the Pru slipped 4% after it revealed Egg lost £39m (€57m) in the first half of the year, compared with profits of £13m (€19m) 12 months ago.

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