FTSE continues to tumble on US woes

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In London, markets fell due to continuing concern over global credit markets with the FTSE 100 down 52.9 points, or 0.86%, to 6,090.6.

Scottish & Newcastle made the biggest gains in early trading, up 12.5 points, or 2.16%, to 592.5p. Unilever shares added 26 points, or 1.75%, to £15.11 and ITV followed, up by 1.5 points, or 1.44%, to 105.6p. Reuters Group shares gained 4.5 points, or 0.74%, to 615.5p and Diageo shares were up 7 points, or 0.69%, to £10.22. Banks and investment companies were among the biggest losers and Invesco shares slipped 20.5 points, or 3.44%, to 576p. Standard Chartered dropped 50 points, or 3.13%, to £15.48 and Schroders shares lost 37 points, or 3.03%, to £11.84. On Wall Street, problems in ...

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