FTSE suffers lack of energy

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The FTSE 100 has ended the day down 66.9 points, or 1.06%, to 6.220.1, as a weak energy sector was compounded by a poor start to Wall Street.

International Power was the biggest drag on the index with a fall of 4.74% to 357p, after reports teh EU is to clamp down on the utility industry on evidence of collusion, while BG Group slipped 3.56% to 650p, and Scottish & Southern Energy dropped 3.5% to £14.91. Centrica also fell 3.11% to 350p, while miner Anglo American dropped 2.92% to £23.30, although losses were slightly limited by supermarket stocks, with Morrison climbing 1.21% to 272.5p, and Tesco gaining 1.2% to 421.75p. However Next performed well to post the biggest gains with a rise of 4.53% to £19.40, following yesterday’...

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