Anglo concerns help push FTSE into red

The London market fell into the red today in the face of deepening concerns over a European debt crisis, with the banking sector bearing the brunt of the pressure.

Anglo concerns help push FTSE into red
Wed, 29 Sep, 2010 - 19:09

The London market fell into the red today in the face of deepening concerns over a European debt crisis, with the banking sector bearing the brunt of the pressure.

Investors’ confidence was rattled after ratings agency Standard and Poor’s warned the price of bailing out Anglo Irish Bank could exceed €35bn, fuelling concerns over European recovery.

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CourtsBusinessHeathrowPlace: LondonPlace: IndiaPlace: AberdeenPerson: Adam PosenPerson: Bob DudleyPerson: DudleyPerson: Tony HaywardEvent: Gulf of Mexico disasterOrganisation: FTSEOrganisation: Standard and PoorOrganisation: Anglo Irish BankOrganisation: Bank of England’s Monetary Policy CommitteeOrganisation: FootsieOrganisation: HSBCOrganisation: LloydsOrganisation: BarclaysOrganisation: Vedanta ResourcesOrganisation: BPOrganisation: Royal Dutch ShellOrganisation: Tullow OilOrganisation: Cairn EnergyOrganisation: Smiths GroupOrganisation: Morgan StanleyOrganisation: Smith & NephewOrganisation: IntertekOrganisation: Dairy CrestOrganisation: MorrisonsOrganisation: FirstGroupOrganisation: WolseleyOrganisation: Rolls RoyceOrganisation: Essar EnergyOrganisation: AstraZenecaOrganisation: InmarsatOrganisation: BG Group
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