Further banking falls on FTSE

Further steep falls in the banking sector today led the FTSE 100 Index below the 3,500 barrier to a fresh six-year low.

Further steep falls in the banking sector today led the FTSE 100 Index below the 3,500 barrier to a fresh six-year low.

Lloyds Banking Group plunged as much as 11% at one stage as investors digested details of the latest taxpayer bail-out.

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