Slight fall for FTSE

FT publisher Pearson today slid from last week's four-and-a-half-year shares high, despite confirming the business was in line for record profits for the year.

The group led the day's losers, shedding 24p, or 3%, to 817.5p, losing much of the ground it made last week amid rumours of an imminent bid from US private equity group KKR for the Penguin and the Financial Times groups.