Financial Times FT.com

London closes at lowest since June 2005

By Bryce Elder and Neil Hume

Published: September 16 2008 08:40 | Last updated: September 16 2008 21:35

Shockwaves from Lehman’s collapse sent the FTSE 100 index sinking to its lowest close since June 2005 on Tuesday.

Misys was among those hit by the fall-out. Lehman was lead adviser to its planned merger with US healthcare peer Allscripts, and had provided $305m of deal funding.

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