FTSE dragged down by National Grid losses

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In the UK, the FTSE 100 was down slightly in early morning trading, down 19.1 points, or 0.29%, to 6,576.9.

Tesco regained some of the ground lost earlier in the week, up 6.75, or 1.6%, to 428.75p. British airways followed close behind, adding 6.25, or 1.47%, to 430.25p, and Pearson closely followed after it dropped plans to buy Dow Jones, down 11.5, or 1.39, to 836p. Morrison’s shares gained 4 points, or 1.39%, to 291p, and Unilever followed, up 20 points, or 1.3%, to £15.60. Enterprise Inns made the biggest losses this morning, down 11 points, or 1.59%, to 681p. National Grid shares lost 11.5 points, or 1.57%, to 721p after a downgrade by Goldman Sachs. Schroders shares also fell, down 18 p...

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