Rbs Hit by Cash Call Rumours ; Day in the City

Summary


The London market's six-day winning streak came to an end yesterday as Royal Bank of Scotland led blue-chip shares lower.

Rumours over a potential cash call by part-nationalised RBS to keep the taxpayer's stake at 70 per cent when it insures toxic assets with the Government sent shares down more than five per cent or 2.9p to 53.4p.

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Extract


Rbs Hit by Cash Call Rumours ; Day in the City

The wider FTSE 100 Index was down 38.5 points to 5134.4 by the close as heavyweight mining ...

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