FTSE fades in face of housing market slump

The London market was on the back foot once more today as early gains faded in the face of further bad news from the housing market.

FTSE fades in face of housing market slump
Tue, 24 Jun, 2008 - 12:39

The London market was on the back foot once more today as early gains faded in the face of further bad news from the housing market.

The FTSE 100 Index dropped 45.8 points to 5621.4 by mid-morning, with retailers among those under pressure.

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