UK stocks fall
Created: Jun 17, 2008 11:00 AM
LONDON (Bloomberg) - UK stocks declined, led by Unilever Plc and Cadbury Plc after UBS AG recommended selling shares in the companies.
British Airways Plc dropped as crude oil rose to a record $139.89 a barrel in New York.
Barclays Plc advanced the most in 16 years after the UK bank said a share sale to help raise capital is under "active consideration" and May profit was ahead of last year's figure.
Anglo American Plc paced mining companies higher after the Observer reported that Cia. Vale do Rio Doce may consider a possible takeover of the world's second-largest mining company.
The FTSE 100 Index lost 8.2, or 0.1 percent, to 5794.6 in London.