Morning Markets: Miners and banks early drag on FTSE

Miners and banks are dragging the FTSE 100 down this morning, with the index dropping 43.42 points (0...

Miners and banks are dragging the FTSE 100 down this morning, with the index dropping 43.42 points (0.98%) to 4395.14 points by 8:45am. Barclays is down 2.27% to 279p after confirming it is in talks with BlackRock and other interested parties regarding the sale of its iShares and broader BGI businesses. While Lloyds Banking Group has seen its share price fall despite confirming an 87% take-up of its recent rights issue. Remaining shares will now be sold on the market for not less than 38.3p, with the Government purchasing the shares should Lloyds fail to find the buyers. Its shares are do...