Wed, 25 Jan 2012 16:38:36 GMT
FTSE drops, led by banking shares
After dropping 0.5% on Tuesday, UK FTSE 100 Index extended losses on Wednesday, giving up 0.7% to 5,714.8, pushed down by banking shares amid report showing country's GDP contracted 0.2% in 4th quarter. Royal Bank of Scotland Group PLC and Lloyds Banking Group PLC each dropped 3%, while Barclays PLC slipped 1.7%. On the upside were property stocks with Land