An upbeat start to trading on America's Dow Jones Industrial Average failed to lift The
Sterling remained unmoved, despite a breakdown of gross domestic product figures for the fourth quarter of 2013 showing a surge in business investment and boosting hopes of a re-balancing away from consumer spending.
As growth remained unrevised at 0.7%, the pound held largely firm at
Broadcaster ITV was one of the biggest fallers, in spite of results revealing a 27% rise in full-year profits to pound(s)581 million and promising shareholders a special dividend for the second year in a row.
Revenues lifted 9% to pound(s)2.4 billion as it continued to see growth from its production arm, which grew revenues by 20% to pound(s)857m.
The share price fall of 2% or 4.6p to 201.5p followed strong gains for the share price in the last year, with
Other fallers included Tesco, as analysts calculated the impact of Tuesday's strategy update, when it pledged to invest pound(s)200 million on cutting prices.
It also vowed to review its profit margins in terms of pounds not percentage terms.
With signs of a recovery in sales still a long way off,
Pumps and valve firm Weir, which supplies the oil and gas industry, was the biggest riser in the top flight as growing momentum in its order book prompted shares to rise 7% or 167p to 2519p.
In other corporate news,
Shares fell 48.5p to 481.5p.
An upbeat start to trading on America's Dow Jones Industrial Average failed to lift