Bradford & Bingley shares still in the doldrums

There was little sign of a stock market comeback for struggling British lender Bradford & Bingley today after yesterday’s 24% tumble.

Bradford & Bingley shares still in the doldrums

There was little sign of a stock market comeback for struggling British lender Bradford & Bingley today after yesterday’s 24% tumble.

The firm sparked fresh fears in the banking sector yesterday after warning over profits, rising arrears, and selling a 23% stake to a US private equity firm.

While most banks bounced back today – Royal Bank of Scotland rising almost 5% and Lloyds TSB up nearly 2% – B&B was just 0.25p ahead at 67.25p in the FTSE 250 Index.

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