FTSE LIVE: Stocks slide as investors take profits at end of boom month

Inside: Loans UK

FTSE LIVE: Stocks slide as investors take profits at end of boom month
Optimism over a deal to ease the eurozone debt crisis is fading, with doubts growing about how the three-pronged rescue plan will be implemented and whether China will be willing to lend financial support.

US-based broker MF Global files for Chapter 11 bankruptcy
The broker was understood to have run into trouble amid concern over its 3.9 billion of bonds issued by debt-ridden European countries, including Italy, Spain, Portugal and Ireland.

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