Tuesday, April 17, 2007

U.K. Shares Fall Most in Month on Inflation Concern; HSBC, HBOS Lead Drop

(Bloomberg) -- U.K. stocks fell the most in a month after a report showed inflation unexpectedly quickened to the fastest in a decade in March.

HSBC Holdings Plc, HBOS Plc and Lloyds TSB Group Plc paced a decline by companies that are the most sensitive to higher interest rates. The pound topped $2 for the first time since September 1992.


Read more at Bloomberg Stocks News

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