FTSE 100 Live: Index down 1% for third consecutive day, Shell cuts

The nervous mood continued into today’s London session as higher oil prices put renewed pressure on aerospace stocks. British Airways owner IAG lost 1.9p to 139.9p and Rolls-Royce fell 3.7p to 201.9p, in contrast to gains at BP, which fell 5.9p to 558p. 8p rose, and for Shell after a 24p rise to 2782p.

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