Bad day for FTSE

The London market tumbled into the red today as interest rate concerns returned to spook investors.

Bad day for FTSE
Mon, 31 Jul, 2006 - 20:34

The London market tumbled into the red today as interest rate concerns returned to spook investors.

Strong gains from water company Severn Trent and Tate & Lyle were not enough to push the FTSE 100 Index forward, and it closed 46.6 points lower at 5928.3.

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CourtsBusinessFTSEPlace: LondonPerson: Paul WebbOrganisation: FTSEOrganisation: Severn TrentOrganisation: Tate & LyleOrganisation: CMC MarketsOrganisation: HSBCOrganisation: PearsonOrganisation: Alliance BootsOrganisation: BootsOrganisation: Alliance UniChemOrganisation: Bank of EnglandOrganisation: FootsieOrganisation: Royal Dutch ShellOrganisation: BPOrganisation: TateOrganisation: Penguin booksOrganisation: Alliance & LeicesterOrganisation: BarclaysOrganisation: ShireOrganisation: ITVOrganisation: Northern RockOrganisation: PrudentialOrganisation: Vodafone
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