FTSE 100 drops again as economic growth slows

Concerns are growing again about economic growth prospects in the UK and the FTSE 100 has reacted in the usual manner, to push the index towards its worst-ever January. National Institute of Economic and Social Research cut its growth forecasts, forcing the FTSE 100 down a little further and toward its worst-ever January. That said, trading has actually managed to sustain losses relatively well, given the huge losses announced in the US yesterday by AOL Time Warner. The FTSE 100 dropped another 52 points to 3527.50 within an hour of opening this morning, after the National In...