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Bradford & Bingley shares hit low

Bradford & Bingley shares fell by 16% yesterday to close at a record low of 42p, well below the 55p a share it is seeking in its increased £400m rights issue.

Bradford & Bingley shares fell by 16% yesterday to close at a record low of 42p, well below the 55p a share it is seeking in its increased £400m rights issue.