BT and Yell drag down FTSE

BT and Yell were punished by investors today after the telecoms-based pair provided the City with cause for concern in third quarter results.

BT and Yell drag down FTSE
Thu, 07 Feb, 2008 - 12:05

BT and Yell were punished by investors today after the telecoms-based pair provided the City with cause for concern in third quarter results.

The mood of the market was not helped by trading in New York and nervousness ahead of the Bank of England’s decision on interest rates later in the session.

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CourtsBusinessHeathrowPlace: New YorkPlace: UKPerson: Ian McLeodOrganisation: BTOrganisation: YellOrganisation: FTSE BTOrganisation: CityOrganisation: Bank of EnglandOrganisation: Yellow PagesOrganisation: Yell.comOrganisation: Rolls-RoyceOrganisation: BGOrganisation: EasyJetOrganisation: Halfords
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