M&S fails to spark FTSE

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The FTSE 100 has ended the day down 30.2 points, or 0.46% to 6,606.6, as gains by financial stocks were offset by disappointing trading results.

Marks & Spencer was the biggest loser with a fall of 4.74% to 703.5p, after it announced a 28.5% rise in profit but failed to reach the £1bn mark, while Experian slipped 2.98% to 585.5p, and Detica Group dropped 2.06% to 369p. British Airways also ended lower with a fall of 2.81% to 466.5p, on reports it has joined a consortium to explore a bid for Spain’s Iberia airline, while Home Retail fell 1.79% to 479.5p, although Yell Group limited losses with a rise of 3.27% to 505p. BT Group posted the biggest gains with a rise of 3.42% to 317.25p, closely followed by Alliance & Leicester whi...

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