Northern Rock fall continues on FTSE close

clock

The FTSE reached 6506.2p this afternoon after rising 39.4 points, or 0.61%.

Northern Rock fell 47.1 points, or 26.28%, to 132.1p after break-up talks over the weekend drove shares down this morning. Associated British Foods fell 22 points, or 2.75%, to 778.5p. Yell Group fell 11.25 points, or 2.62%, to 417.75p. British Land Company fell 28 points, or 2.39%, to 1144p. Liberty International fell 25 points, or 2.19%, to 1116p. Tate & Lyle rose 37.75 points, or 9.38%, to 440.25p. Kazakhmys rose 100 points, or 7.12%, to 1505p. Antofagasta rose 40.5 points, or 5.31%, to 803p. Vedanta Resources rose 97 points, or 4.78%, to 2127p. Home Retail rose 16 points, o...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

FCA's Rathi addresses Autumn Budget market abuse concerns

FCA's Rathi addresses Autumn Budget market abuse concerns

Pens open letter to Treasury Committee

Isabel Baxter
clock 04 December 2025 • 2 min read
More tax, less shelter: A slow-burn Budget for savers and investors

More tax, less shelter: A slow-burn Budget for savers and investors

'The Budget documents make for sobering reading for those trying to build up their wealth'

Laith Khalaf
clock 04 December 2025 • 3 min read
OBR 'deeply regrets' early release of Budget document

OBR 'deeply regrets' early release of Budget document

Mistaken release of Budget documents forced Richard Hughes' resignation

Linus Uhlig
clock 02 December 2025 • 3 min read