Sugar rush not enough to boost FTSE

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The FTSE 100 is down 27 points, or 0.46%, to 5,870.9, this morning as energy shares continued their drop from yesterday afternoon.

British Energy is leading the fall with a drop of 2.66% to 731.5p after news it may miss its full-year target for electricity output, while Scottish & Southern Energy is also trading lower, slipping 1.76% to 1,225p. BP has also slipped slightly, dropping 0.49% to 611.5p, after shareholders filed a lawsuit against its top executives, accusing them of letting down investors by failing to repair a pipeline that forced the closure of part of its Alaskan Prudhoe Bay oilfield. Elsewhere sugar and sweeteners group Tate & Lyle has been boosted by a target price upgrade from Citigroup, adding 1...

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