U.K.'s FTSE 100 Slips; Northern Rock Plummets on Lower Profit Forecast

(Bloomberg) -- U.K. stocks declined, led by Northern
Rock Plc. Britain's seventh-largest bank said profit will
probably miss analysts' estimates this year after interest rates
rose more than expected.

The benchmark FTSE 100 Index retreated 38.6, or 0.6 percent,
to 6520.70 as of 8:09 a.m. in London. The FTSE All-Share Index
slid 0.6 percent to 3364.29. Ireland's ISEQ Index decreased 0.7
percent to 9318.55.


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