Shock falls for HBOS and Lloyds trip FTSE

HBOS, up 12% in early trading on Tuesday, had slumped back to 78p, a drop of more than 13%, while Lloyds TSB, up 7% this morning, had fallen 8.3%. Standard Life has fallen 7.88% to 239.5p. Barclays’ bid to go it alone in the face of help from the Government has had a positive effect on its stock value. As of 3.15pm, it had climbed more than 13% to 243.5p. As of shortly after 3pm, the blue-chip index had hit 4,383, a climb of 2.86%. However, at around 1.45pm, it had scaled 4,533. Meanwhile, record-breaking gains on the Dow Jones looked set to continue on Tuesday as it climbed within to...