Banks troubles and tech jitters take FTSE down

Today's note from Barclays that it is putting aside more money to cover bad debts has hammered the entire banking sector, helping drag the FTSE 100 index down 78.90 points to close at 4,075.40. Falls in US stocks didn't help the London market either, as Nokia warned sales of mobile phones would grow just 10% instead of 15% next year, dragging tech and telecoms stocks down in New York and pushing Vodafone down 4.5p to 119.25p here. Schroders non-voting stock led the losers with a 11% or 59p slump to 480p after analysts predicted the company is going to report another year witho...