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BG and Scottish & Southern pace London decline InterContinental shares pressured on Starwood's lowered forecast By Steve Goldstein, MarketWatch LONDON (MarketWatch) -- Updates from Scottish & Southern Electricity and BG Group as well as further economic jitters contributed to a decline in U.K. stocks on Thursday, in line with what's been a week-long retreat in commodities prices. The FTSE 100 index dropped 0.9%, surrendering 50.7 points to 5,399.20, as markets throughout Europe sagged amid worse-than-forecast German and euro-zone economic data. See Europe Markets. U.S. stock futures tilted lower ahead of the latest housing and weekly jobless-claims data. See Indications. U.K. retail sales declined a worse-than-forecast 3.9% during June, the worst reading since figures were first measured in 1986, reversing a pick-up reported... [read full story]
