FTSE falters for a second day

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In the UK the FTSE 100 Index has declined for a second day, leaking a further 12.80 points to 5345.80 at its weekend close and led by Carnival.

The cruise liner Group tops the list for a second straight day falling 65p to 2886p on the back of record oil prices. Financial information service Reuters has declined 5.75p to 359p, while Aviva has retreated 8p to 636p. Despite a 21% increase in profit, the firm warns difficult conditions in the UK life and pensions market will hit margins. On the upside, mobile firm O2 has climbed 4p higher to 149.5p, after analysts raised its stock to outperform from peer perform and looks positive for Q4 results. The household cleaning products specialist, Reckitt Benckiser has picked up 40p to 17...

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