Britain's FTSE flat after US data helps pare losses; RBS slumps

jueves 27 de febrero de 2014 12:15 GYT

* FTSE 100 flat on the day

* RBS day's worst performer

* U.S. data help pare losses

* Capita among companies to report good results

* WPP hit on margin concerns

By Joshua Franklin

LONDON, Feb 27 (Reuters) - Britain's top share index was flat on Thursday, with positive U.S. data balancing a sharp sell-off in Royal Bank of Scotland and increasing tension over Ukraine, which has spooked global markets.

Royal Bank of Scotland skidded 8.7 percent after its new chief executive outlined plans for a large-scale overhaul after the mostly state-owned lender reported an 8.2 billion pound ($13.64 billion) loss.

Upbeat data on U.S. manufacturing goods' orders however helped the blue-chip index pare losses, with investors also eying events in Washington where U.S. Federal Reserve Chair Janet Yellen was addressing the Senate Banking Committee on the U.S. economy.   Continuación...