FTSE down on bleak economic outlook

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London shares fell after several days of good performance as the Bank of England predicted the economy is about to stagnate, with the FTSE 100 losing 85.9 points (1.55%) to 5,448.6.

Anglo American shares added 112p (4.18%) to £27.91, while Kazakhmys gained 39p (3.34%) to £12.05. Enterprise Inns shares fell 43.25 (11.2%) to 342.75p, while ITV dropped 5.1p (10.08%) to 45.5p. On Wall Street, markets declined in early trading as retail sales declined, with the Dow Jones falling 138.98 points (1.19%) to 11,503.49. Alcoa shares climbed 0.43 (1.39%) to $31.39, while Chevron shares added 0.99 (1.18%) to $84.55. Bank of America dropped 1.94 (6.23%) to $29.19, while General Motors shares lost 0.56 (5.05%) to $10.54. If you would like to comment on this story, contact: John...

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