London's FTSE 100 Index has declined 15.50 points to 4922.10 points at its close today, led by Morrison.
The supermarket chain has shed 5.50p to 206.50p after cutting its profit forecast for the second time in nine months, because its purchase of Safeway has done little to bolster its market share. Land Securities Group is also down 28p to £13.12 after the Government outlined plans to introduce US type real-estate investment trusts in 2006. Steel maker Corus is also down 1.50p to 56p after declaring that demand is weakening in both the US and Europe. At the other end of the table, BHP Billiton is trading well, picking up 19p to 750.50p, after a further surge in oil prices following OPEC’...
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