Vodafone takes FTSE off-peak

RBS has announced profits which beat expectations and said it would buy back shares worth up to £1bn this year. Its shares have risen 3.07% to 1,916p, topping the blue-chip leaderboard. British American Tobacco has also pleased investors as 2005 earnings from the cigarette maker came in near the top of analyst expectations. The shares have risen 2.56% to 1,362p. Meanwhile, Vodafone has accounted for much of the pressure on the index, falling 2.20% to 111.25p as several analysts responded to the company's forecast of slowing revenue growth and lower margins by cutting estimates and targe...