Sugar boost fails to hold up FTSE

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The FTSE 100 has ended the day down 46.6 points, or 0.78% to 5,928.3, with a mix of weak insurers, and gloomy miners ensuring a poor result.

Although Tate & Lyle and Severn Trent did their best to keep the FTSE on top, poor earnings news mixed with increased oil prices and rate fears kept the index down. Prudential ended the day among the leading losers with a fall of 2.6% to 562.5p, following Friday’s poorly received figures, with Legal & General falling in sympathy with a drop of 1.97% to 124.25p. BHP Billiton, Anglo American and Rio Tinto also closed lower, while Vodafone and Alliance Boots went ex-dividend today. The chemist group, which began trading today following the merger of Alliance Unichem and Boots, fell 2.54% t...

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