Footsie sheds 20 points

Disappointing results by British Land today meant the London market was unable to build on a recent rally that has driven it to four-high highs.

Disappointing results by British Land today meant the London market was unable to build on a recent rally that has driven it to four-year highs.

British Land triggered an exodus of investors from property stocks after underlying pre-tax profits of £102 million failed to meet expectations in the City for a surplus of £110 million.