FTSE weighed down by financials

Those stocks bringing up London's blue-chip index included Tesco, up 4.19% to £3.46 on its annual results showing sales have reached £3.13bn, an increase of 10% on last year, and Associated British Foods (the owner of Primark), up 6.42% to £6.96, with adjusted profit before tax down 2% to £275m. The biggest losers included banks Lloyds, Barclays and Royal Bank of Scotland, with insurers Prudential and Old Mutual close behind. Lloyds dropped 8.61% to 95.5p while Barclays slid 4.69% to 199.2p. Prudential, meanwhile, fell 4.34% to 364p, after Morgan Stanley cut its market value to "underwe...