Pub drowns Friday FTSE sorrows

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The FTSE 100 ended this week down 17.8 points by close of business on Friday at 4,498.4 after UK stocks fell paced by Enterprise Inns.

Enterprise Inns, Britain's largest pub, lost 32p to 562p after a parliamentary committee said it would investigate pub operators, something the company said came as a “surprise”. J Sainsbury dropped 8p to 270.5p after a report by market-research company Taylor Nelson Sofres suggested the UK’s third-largest supermarket chain is losing business to chief competitor Tesco. In the meantime, Eurotunnel, which is the operator of the Channel Tunnel linking Britain and France, rose 1 penny to 25.5p. Newcastle United shed 3.5p to 37.5p. This is the soccer club’s biggest drop in more than eig...

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