FTSE ends week down

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Shares in the FTSE 100 gave up some of the gains made in the past three days as investors locked in profits ahead of the weekend, sending the index down 5.6 points to 4,413.10 by the close.

BskyB dropped 16.5p to 604.5p after Goldman Sachs placed 1.5% of the company’s shares on behalf of a client. 3i, the venture capitalist, dropped 6.5p to 571p after UBS lowered its rating on the company. British Airways fell 2p to 230.75p after the European Parliament lodged a lawsuit in the European Court of Justice against the European Commission’s agreement to share airline passenger data with the US, saying the agreement violates EU privacy law. Airlines that do not provide the data to US authorities before taking off may be blocked from the huge transAtlantic market. Royal & Su...

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