FTSE falls 1.5%

The London market fell 1.5% today as banking shares took a hammering amid fresh fears about the eurozone debt crisis.

FTSE falls 1.5%
Mon, 18 Jul, 2011 - 18:39

The London market fell 1.5% today as banking shares took a hammering amid fresh fears about the eurozone debt crisis.

Barclays, Royal Bank of Scotland and Lloyds saw their shares dive more than 6% despite none of the four UK banks having failed banking stress tests, which were published after the market closed on Friday.

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