FTSE drops yesterday's gains

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After weak overnight performance on Wall Street, the UK's leading shares came under more pressure as...

After weak overnight performance on Wall Street, the UK's leading shares came under more pressure as the FTSE 100 Index started off on a gloomy note. The benchmark FTSE 100 Index shed 15.6 points to 3984.3 in the first hour of trading. Royal Bank of Scotland dropped 14p at 1607p and Barclays fell 3p to 404p, to lead the banking sector down. Lloyds TSB shed 8.25p to 411p and Abbey National slipped 11p to 477p. Things didn't look much better for insurers. Aviva dropped 6.75p to 430p, and Prudential fell 2.5p to 387.5p. SABMiller, the brewer, dropped ...

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