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View Full Version : Pound Slides as Bank Shares Drop, CBI Forecasts Contraction - Bloomberg



NewsWhore
04-20-2009, 06:40 AM
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Pound Slides as Bank Shares Drop, CBI Forecasts Contraction (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601102%26sid%3Da9Q7RAsMyi40%26refer%3Duk&cid=0&ei=tVLsSc20MYScMuLKkIMD&usg=AFQjCNErxKnP4YLHUNsQpRHDbpbMIGRB9g)
Bloomberg
The British currency also fell versus the euro, the yen and Swiss franc as the FTSE 350 Banks Index, a benchmark for the country&#39;s lenders, dropped 3.6 percent. The economy will contract 3.9 percent in 2009, compared with an earlier prediction of 3.3 ...


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