Economic warnings rock FTSE

The London market was rocked back on its heels today following economic warnings on both sides of the Atlantic.

Economic warnings rock FTSE
Thu, 21 May, 2009 - 12:36

The London market was rocked back on its heels today following economic warnings on both sides of the Atlantic.

Weaker projections for GDP and unemployment in minutes published last night by the US Federal Reserve were followed by a downgrade from credit ratings agency S&P on the outlook for UK debt.

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