N. Rock shares fall following break-up talks

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The FTSE rose 0.10 points, or 0%, this morning to 6466.9p.

Northern Rock fell 28.6 points, or 15.96%, to 150.6p following talks of a sale that would break up the bank and deliver little to the shareholders. Liberty International fell 19 points, or 1.67%, to 1122p. Carphone Warehouse Group fell 5.25 points, or 1.51%, to 343.25p. Standard Life fell four points, or 1.39%, to 284.5p. Carnival fell 26 points, or 1.11%, to 2308p. Tate & Lyle rose 18 points, or 4.47%, to 420.5p. Persimmon rose 23 points, or 2.39%, to 987p. British Airways rose 7.5 points, or 1.96%, to 390.75p. Taylor Wimpey rose five points, or 1.81%, to 280.75p. Home Retail rose...

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