FTSE energised by Scottish Power

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The FTSE 100 index of leading shares has gained 5.1 points, or 0.1% to 5331.90, so far in morning trading.

Scottish Power, the UK's fifth-largest energy provider, leads gains this morning rising 21p to 546p as Eon AG, the German power company which owns Britain's Powergen, is said to have hired Lazard to advise on a potential takeover of Scottish Power. BHP, the world's biggest mining company, has slipped 11.5p to 829.5p this morning, after analysts reduced the rating in shares of the company to “hold” from “buy”, citing weakening growth in demand for commodities. Aegis Group has risen 2.5p to 119p, following its purchase of Market Equity, an Australian research agency, for an initial £6.6...

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