Pressure on oil prices brings FTSE lower

British Airways eventually closed down 11p or 5.2% to 202p - having earlier in the day hit a 10-month low of 296p which in turn dragged the FTSE 100 index down 29.5 points or 0.6% to 4312.5. Brent crude price for September settlement have climbed another 32 cents to $40.95 a barrel in London, having a record $41.50 on Friday. Rival airline firm Ryanair also dropped 9.7 cents or 2.3% to Euro4.15 while Carnival, the cruise operator, lost 48p or 1.9% to £24.45. Talk of a takeover bid for Abbey by Lloyds TSB also lowered interest in its share price, which eventually closed down 9.25p o...