UK stockmarkets took another blow and closed the day down by the end of Tuesday's trading after ONS figures revealed higher inflation and fears about the security of UK utilities operations from terrorists sparks falls for associated stocks.
The FTSE 100 index closed down almost 48 points or 0.8% to 6,215.7 after the ONS revealed inflation was at 3% in December, triggered in the main by government reforms. This affected most firms which could see profits fall should spending slow At the same time, BG Group took a hit and saw its share value close down 17.5p or 2.6% to 644p as an announcement this afternoon has seen security personnel posted at key utilities firms in the UK in a bid to reduce the risk of terrorist attacks on such centres. Its competitor Cairn Energy also saw its share price fall 48p or 2.82% to £16.54 but ...
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