U.K. Stocks Drop for a Third Day Amid Concern Over U.S. Budget
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U.K. stocks retreated for a third day, their longest losing streak in a month, as Vodafone Group Plc declined and concern mounted that U.S. lawmakers will fail to agree on a budget before the holiday.
Vodafone dropped 1.7 percent after paying 1.4 billion euros ($1.8 billion) for frequency at a Dutch spectrum auction. Aggreko Plc plunged 22 percent, its biggest slide in more than a decade, after the company said profit will probably fall in