Markets have remained down this afternoon as the negative reaction to European bank stress tests continue to drag on the FTSE 100.
The index was at 5,781.52 as it entered the final hours of trading, down 1.06%.
Although no UK banks failed the stress tests, some experts expressed concerns the stress tests were not strict enough, with worries about exposure to Greek debt.
Financials have been among the biggest losers, with Royal Bank of Scotland down 4.45% at 33.53p, and Lloyds Banking Group down 3.87% at 42.96p per share.
In Europe, the Dax had fallen to 7,144.66, a drop of 1.05%, while the Cac was at 3,676.23, down 1.35%.
Eight European banks failed the stress tests, of which five were from Spain, two from Austria and one from Greece.
All-day event on 24 April
Consequences could be more severe than in stress tests
AFH has six segregated mandate funds
Variable operating expenses