Us Figures Lead to Late Ftse Boost

Summary


The London market was given a late session boost from the US, but the lift was not enough to save Royal Bank of Scotland from plunging into the red.

Part-nationalised RBS closed 12 per cent down after reporting Pounds 7.5 billion of bad debts and warning of a lengthy recovery - scrapping any paper profits the taxpayer notched up on its 70 per cent stake in Thursday's session.

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Extract


Us Figures Lead to Late Ftse Boost

However, better-thanexpected unemployment figures in the US helped send stocks higher on...

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