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FTSE continues to slide

The FTSE opened at 4,326 today, with many of the UK banks and miners extending losses extending from the previous session.

By 8.45am, the index was down 0.2 per cent to 4,323 from Wednesday’s close of 4,331 with Lloyds Banking Group down 0.2 per cent to 84.40p and Royal Bank of Scotland down 1.1 per cent to 37.60p.

Miners also shouldered losses with Rio Tinto down 1.2 per cent to 2,473p, Anglo American down 2.0 per cent to 1,442p and BHP Billiton down 0.6 per cent to 1,381p.


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