FTSE falls on gloomy Japan back-drop

Providing some welcome relief were the Utilities after the deputy chairman of Russian energy giant Gazprom told the Guardian it wants to provide as much as 20% of Britain's gas by 2015. Alexander Medvedev said this could include the £10bn takeover of a company such as Scottish Power, which gained 0.80% to 570.50p. Scottish & Southern Energy was up 1.58% to 1,062p and International Power gained 1.35% to 262p as investors favoured defensive stocks. Electrical retailer DSG International led the risers, climbing 4.12% to 170.50p, after reporting an expected fall in half year profits, but ...