Co-Operative Bank Plc said it will halt loans to new business customers, two weeks after Moody's Investors Service cut the British lender's rating to junk.
Fears over the UK's continuing energy security were fuelled today after a report claimed Britain came dangerously close in March to its gas supply running out and its lights being switched off.
The blue-chip index fell 2.1pc to close at 6696.79 on Thursday. The FTSE 100 ended Wednesday at just 90 points shy of the record close of 6930.2 it reached during the 1999 dotcom boom.
The UK's blue chips could not stop the rot on Friday as the Footsie kept tumbling ahead of a three-day break from trading in London.
Fri May 24, 2013 7:05am EDT. For other related diaries, please see; DIARY - U.S. Federal Reserve DIARY - Polling Unit Diary DIARY - Key World Financial Events DIARY - Political and General news DIARY - Index of all Diaries DIARY - G7 Economic ...