The FTSE 100 has fallen 11 points or 0.19% to close down at 5,833 after the European Central Bank signalled it may keep raising rates following today's 25bp increase, prompting concern economic growth may slow.
Partygaming.com topped the losers with a fall of 4.5p or 3.54% to 122.5p, closely followed by Intercontinental hotels which slipped 22p to 847.5p. BHP Billiton and Royal Bank of Scotland also paced the decline, as BHP Billiton, the world's largest mining company, dropped 4p or 0.41% to 968.5p, while Royal Bank of Scotland, Britain's second-largest bank, lost 34p, or 1.76%, to 1,899p. European Central Bank Chairman Jean-Claude Trichet said ``upside risks'' to inflation ``prevail,'' as the ECB today raised its key rate a quarter-point to 2.5%, the second increase since December. But Sta...
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