Ftse Sinks Lower Despite Bp Share Rise ; Today in the City

Summary


The FTSE 100 Index edged lower in an sluggish session yesterday despite rumours over funding plans from beleaguered oil giant BP sparking some interest.

BP, which plunged to below 300p and hit a 14-year low last month, added more than three per cent or 11.3p to 333.3p after talk it could raise Pounds 6 billion by selling off a stake to rival oil groups or sovereign wealth funds.

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Ftse Sinks Lower Despite Bp Share Rise ; Today in the City

The share gains came despite the clean-up costs of the Gulf of Mex...

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