Jul 7, 2005

London bombs, continued

Fox news is reporting an unconfirmed bomb in City of London, the city's financial center. FTSE 100 falls 3 percent in the first hour after the explosions.
Shares that lost value included British Airways, which lost 6 per cent. Travel companies and hotel groups also fell sharply on the news, while Spain’s Iberia were off 5 per cent. UK airports company BAA dropped 5 per cent.

UK hotels groups Hilton and InterContinental were down 6 per cent each.


Here's a timeline from the Guardian newsblog.

Eyewitness accounts here, here and here.
Simon Corvett, 26, from Oxford, was on the eastbound train leaving Edgware Road tube station when the explosion happened.

"All of sudden there was this huge bang. It was absolutely deafening and all the windows shattered. The glass did not actually fall out of the windows, it just cracked. The train came to a grinding halt and everyone fell off their seats," he said.

Mr Corvett, who works in public relations, said the commuter train was absolutely packed. "There were just loads of people screaming and the carriages filled with smoke. You couldn't really breathe and you couldn't see what was happening. The driver came on the Tannoy and said 'We have got a problem, don't panic'," he said.

Mr Corvett, whose face was covered in soot, joined other passengers to force open the train doors with a fire extinguisher. He said the carriage on the other track was destroyed. "You could see the carriage opposite was completely gutted. There were some people in real trouble."

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