The FTSE 100 has ended the day down 32.1 points, or 0.5%, to 6,412.3, as poor results news from drinks companies and a bad start to Wall Street failed to rally the index.
Beverage maker Rexam was the biggest faller with a drop of 4.96% to 517p, after it announced a decline in full year profits, while brewer Scottish & Newcastle also slipped 4% to end at 552p.
Bradford & Bingley dropped 2.57% to 455.25p, closely followed by Land Securities Group which fell 2.4% to £22.39, while Whitbread slipped 2.32% to £16.85, although losses were limited by Lloyds TSB which gained 1.24% to 614p.
Shire Group did its best to lead a rally with a rise of 3.72% to £11.15, following positive final figures, while Drax added 3.7% to 686.5p, Hanson climbed 2.9% to 835p, and 3I Group advanced 2.56% to £11.84.
In the US the Dow Jones Industrial Average is down 27.64 points, or 0.22%, to 12,739.93 in early trading following some disappointing trading figures.
Exxon Mobil is the biggest loser with a fall of 1.13% to $74.44, closely followed by United Technologies which is down 0.97% to $68.01, while American Express has slipped 0.93% to $58.47.
General Motors is also off to a poor start with a drop of 0.91% to $36.01, while Verizon Communications has declined 0.83% to $38.18, although losses are being stifled by American International Group which is up 0.2% to $69.70.
However Wal-Mart is posting the biggest gains so far with a rise of 2.97% to $49.92, while JP Morgan Chase has climbed 0.47% to $51.49, Honeywell International has added 0.3% to $47.98, and Merck has advanced 0.27% to $44.40.IFAonline
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