Spending Chill Relegates Carphone, Pubs and Itv ; Market Round-Up
Evening Standard - London › September 10, 2008
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Summary
The dramatic drop-off in consumer spending, brought about by soaring inflation and economic slowdown, is clearly apparent in the latest Footsie 100 index quarterly review, which will be finalised at the close of business tonight.
Out go retailer Carphone Ware-house, 5.9p lower at 193.6p, pubs opera-tor Enterprise Inns, down 29 3/4p at 235 1/4p and the biggest faller in the Footsie 100, and independent television broadcaster ITV.See the full content of this document
Extract
Spending Chill Relegates Carphone, Pubs and Itv ; Market Round-Up
They make up three of the four com-panies heading for relegation following a poor performance by their shares during the past few months. The fourth is the Ukranian-based ...
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