FTSE moves closer to 4300 as inspiration eludes London

A late run in trading forced the FTSE 100 to close down 15.3 points or 0.35% to 4,318.5 – even lower than yesterday’s huge European falls – having earlier in the day made a gain of at least 0.6%. SABMiller, the brewer, contributed a substantial chunk of those losses and closed the day down 13.5p or 2.2% to 602p after announcing the integration of Peroni - an Italian lager firm it bought in May - and the expense of introducing Miller Genuine Draft has hit its profitability in Europe. Some of the banking groups had managed to sustain a drop in their share prices after US rival Goldman S...