FTSE loses ground

The London market lost more ground today despite an expected boost from hopes of an interest rate cut in the US.

FTSE loses ground
Fri, 11 Jan, 2008 - 11:29

The London market lost more ground today despite an expected boost from hopes of an interest rate cut in the US.

Wall Street saw strong rises after Federal Reserve chairman Ben Bernanke indicated they were ready to cut rates aggressively to ward off recession.

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CourtsBusinessHeathrowPlace: LondonPlace: USPlace: UKPerson: Ben BernankeEvent: ChristmasOrganisation: FTSEOrganisation: Wall StreetOrganisation: Federal ReserveOrganisation: Bank of EnglandOrganisation: UnileverOrganisation: Morgan StanleyOrganisation: Rolls-RoyceOrganisation: HSBCOrganisation: Marks & SpencerOrganisation: PersimmonOrganisation: BellwayOrganisation: Land SecuritiesOrganisation: StrickenOrganisation: Northern RockOrganisation: JP MorganOrganisation: FTSE 250
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