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Rivals throw Bradford & Bingley crumb of comfort

Bradford & Bingley lost a fifth of its value yesterday despite signs its banking sector rivals could back its fundraising efforts.

Bradford & Bingley lost a fifth of its value yesterday despite signs its banking sector rivals could back its fundraising efforts.

The stock closed at 34p after a one-day fall of 19.1%, well below the 55p-a-share price of its forthcoming fundraising.