The FTSE 100 Index fell 0.33% to 6,004.70 points today, led by losses among oil heavyweights, Tate & Lyle and GlaxoSmithKline.
BP fell 1.48% to 664.50p, Shell dropped 0.42% to 1,886p and BG declined 0.41% to 725.50p after Goldman Sachs cut estimates across the sector and May crude drifted back 74 cents a barrel to $66 in US trade. GlaxoSmithKline fell 1.51% to 1,500p after it was downgraded to "neutral" from "buy" at UBS following disappointing results for Advair. Tate & Lyle also dropped 1.91% to 564.50p as a consumer advocates group in the US suggested its Splenda sweetener could cause digestion problems. Meanwhile, Severn Trent gained 6.31% to 1,197p after it announced it is to demerge its Biffa waste-disp...
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