Tuesday, April 24, 2007

UK's FTSE slips as banks fall, Yell nosedives

(Reuters) - Britain's top share index slipped 0.6 percent on Tuesday, reversing earlier gains after bank stocks were weighed down by inflationary fears and telephone directories publisher Yell fell sharply.

The banking sector dragged the index into the red as consolidation talk left the sector, traders said, and on continued inflationary worries. HBOS, Royal Bank of Scotland and Lloyds TSB all fell.


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