Jan 24, 2017
FTSE 100 dips as BT shares plunge
The FTSE 100 share index ended the day down just 0.84 points at 7,150.34. Biggest loser was BT, which plunged nearly 21% after warning of the effects of a major accounting scandal in Italy. It said it would write down the value of its Italian business by £530m after years of "Inappropriate behaviour". Shares in Easyjet dropped nearly 9% after the carrier said the weak pound would hit profits by a larger-than-expected £105m this year. Dixons Carphone fell 6.3% despite reporting rising sales over Christmas.
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