HBOS continues to slide after saying it wrote down £180m on securities trading this week, and has helped pull the FTSE down 87.7 points, or 1.34%, to 6,472.10.
The mortgage lender has slipped 41p, or 4.92%, to 792p, but is still only the day’s third biggest loser.
Rentokil takes top honour, sliding 30.2p, or a huge 20.59%, to 116.5p, after saying it is likely to miss its fourth quarter profits target. Rexam makes up the bottom three.
Resistance is being provided by BG Group, up 37p to £11.20, Experian and GlaxoSmithKline.
In the US, AT&T, up 2.25p, or 5.7%, to 41.71, 3M Company and Alcoa made up Wednesday’s top winners.
However, big names McDonalds, down 2.33% to 61.66, and Boeing, down just over 2% to 86.92, prevented the Dow Jones improving on a gain of 41.13 points, or 0.31%, to close on 13,473.9.
In Japan, shares fell the most in four months, on concern a plan by central banks to increase liquidity may not suffice to stem credit losses by financial companies globally.
The Nikkei 225 Stock Average fell 395.74, or 2.5%, to 15,536.52 at the close of trading in Tokyo.
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