FTSE down at market close

London’s leading share index sank into the red today as a shock rise in UK inflation unnerved investors.

FTSE down at market close
Tue, 13 May, 2008 - 19:03

London’s leading share index sank into the red today as a shock rise in UK inflation unnerved investors.

News that the official rate of inflation – the Consumer Prices Index (CPI) - had soared to 3% last month sent the FTSE 100 Index more than 1% lower at one stage.

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