FTSE trips up ahead of '07

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UK shares fell this morning sending the FTSE 100 index down some 20 points to 6,220.

Losses are spread across a number of sectors, including mining, support services, energy, transport and tobacco. Xstrata leads the losers, falling 32p to £25.23 Compass Group, which provides catering and other services, is down 3.5p to 290p. National Grid is off by 8.5p to 737p. Shell continues to hurt from its involvement in what was supposed to be the biggest ever foreign investment in Russia’s oil and gas market. Together with two Japanese trading houses, the Anglo-Dutch oil major has had to hand over control of a far eastern project to Russia’s government, while also paying pena...

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