FTSE in the red

The proposed sale of airports operator BAA to Spain caused excitement in London today but was not enough to spare the market from another session in the red.

FTSE in the red

The proposed sale of airports operator BAA to Spain caused excitement in London today but was not enough to spare the market from another session in the red.

Shares in BAA lifted more than 2% on news that it had backed a £10.3bn (€14.9bn) takeover offer from Spanish consortium Ferrovial.

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