FTSE endures loss

The London market sunk into the red today as Lloyds Banking Group suffered further misery in the wake of its shock HBOS profits warning.

FTSE endures loss
Mon, 16 Feb, 2009 - 18:03

The London market sunk into the red today as Lloyds Banking Group suffered further misery in the wake of its shock HBOS profits warning.

Lloyds closed down 8% after a volatile session amid a growing backlash to the HBOS rescue as fears grow that the Government may have to increase its stake.

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