FTSE slips on oil

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The FTSE 100 Index has slipped 64.8 points, or 1.1%, to 5697.30 points this morning, led by BP after crude oil fell from a three-week high in New York.

BP has fallen 8.5p, or 1.3%, to 627.50p after crude oil fell from a three-week high in New York. The European Union will today present incentives to persuade Iran to halt its nuclear enrichment. Rio Tinto has declined 90p, or 3.1%, to 2,781p, while Anglo American has fallen 78p, or 3.7%, to 2,018p. BAA has advanced 19.5p, or 2.1%, to 947.5p after Goldman Sachs said it had submitted a fully-financed proposal of 955.25p a share for the world's largest airport operator. In Japan, the Nikkei 225 Stock Average lost 283.45 points, or 1.8%, to 15,384.86 points after US Federal Reserve chairm...

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