U.K. Stocks Decline, Posting Biggest Weekly Retreat in a Month

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U.K. equities resumed a drop after a two-day gain, posting their biggest weekly loss in a month.

The FTSE 100 Index slid 0.7 percent to 6,585.78 at the close in London. It fell 2.5 percent this week, with the volume of shares changing hands on Friday about 39 percent lower than the 30-day average.

Royal Bank of Scotland Group Plc slid 1.9 percent as U.S. regulators have told the lender that it could pay as much as $13 billion if it loses a lawsuit over its handling of mortgage securities. Rolls-Royce Holdings Plc dropped 2.3 percent after Deutsche Bank AG said 2015 will be “difficult.” BHP Billiton Ltd. and Anglo American Plc fell with European miners.

Standard Chartered Plc, Smiths Group Plc and Vodafone Group Plc all dropped more than 2 percent, posting some of the biggest declines in the FTSE 100. Ashtead Group Plc rose the most, with a 1.4 percent gain.

The FTSE All-Share Index lost 0.6 percent, and Ireland’s ISEQ Index fell 0.2 percent.

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