FTSE 100 slumps in expectation of PBR

FTSE 100 slumps in expectation of PBR
FTSE 100 slumps in expectation of PBR
 
 

Tuesday, 08, Dec 2009 05:37

The FTSE 100 ended the day down as concerns over British banks' exposure to Dubai debt continue.

The London index was also sent down in expectation of the pre-Budget report tomorrow with concerns remaining the board of Royal Bank of Scotland may resign in the row over bonuses.

The FTSE 100 finished Tuesday on 5,223.13, down 87.53 points - 1.65 per cent.

RBS shares were down 7.7 per cent to 30.45p, while Barclays was down 3.2 per cent.

Leading the gains was media group Pearson, up 1.05 per cent, nine points, to 863p.

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