FTSE edges lower despite Wall Street gains

The FTSE ignored large gains on Wall Street overnight, falling 0.35% to 5,748.45 in early trading.

All eyes today will be on Ireland and its efforts to agree a bailout deal worth more than €80bn (£68bn). Rolls Royce continued its fall of early yesterday, softening slightly to 603p, on news it may have to adjust its Airbus 380 engines further. SAB Miller gave back some of the gains it made yesterday when its latest results beat analysts' expectations. It was down 0.8% at £21.39. Other fallers included Hammerson, off 2.1% at 402.4p after Morgan Stanley downgraded it to ‘equal weight', and Capita Group, 2.2% lower at 674.5p. The main gainer was Autonomy Corporation, up 2.6% at £...