U.K. Stocks Retreat, Led by Barclays, BHP Billiton, Antofagasta
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U.K. stocks had the biggest three-day drop since September as Greek Prime Minister George Papandreou’s call for a referendum on the European bailout raised concern that efforts to avoid a default will be derailed.
Barclays Plc and Royal Bank of Scotland Group Plc sank more than 8 percent. BHP Billiton Ltd., the world’s largest mining company, and Antofagasta Plc fell at least 2.6 percent as Chinese manufacturing declined to the lowest level since February 2009.