Credit concerns batter banks again

Credit concerns saw banks lead the FTSE 100 into the red today, despite intervention from the Bank of England. After a volatile morning, the blue-chip index was down by as much as 61 points - at 6,311 – by lunchtime.

Credit concerns saw banks lead the FTSE 100 into the red today, despite intervention from the Bank of England. After a volatile morning, the blue-chip index was down by as much as 61 points - at 6,311 by lunchtime.

Banks take another battering

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