After a positive start from Footsie, the blue chip index was sinking in early deals as traders mulled the end of QE across the pond and a clutch of corporate updates.
The U.S. economy expanded at a healthy pace during the third quarter, a sign of sustained growth fueled by government spending and a narrower trade deficit despite mounting concerns about the health of overseas economies.
LONDON - Royal Dutch Shell said on Thursday that third-quarter earnings rose as it started to benefit from cost-cutting and from its large liquefied natural gas business.
The booming and combustible housing market - which has raged rampantly in London and the South-east over the past 18 months - is beginning to display signs of slowing down, according to the UK's second biggest provider of mortgages.
Several proposed offshore wind farms may be scrapped in coming months because the Government is not awarding enough subsidies, the head of energy giant ScottishPower has said.