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According to Bloomberg, the leading index on the British stock exchange shed 25.94 points to stand at 6,024.78 as of 13:55 GMT, down from its highest level since June 2008.
Tesco was among those that suffered today as the supermarket chain lost 3.5 per cent - to move down to 409 pence - after revealing its customers did not buy as many electrical items.
In addition to this, Richard Hunter, the head of UK equities at Hargreaves Lansdown Plc in London, said Tesco - which saw its sales at UK stores open at least a year rise by 0.6 per cent - had an anaemic sales growth.
He added: "The share price movement has recently reflected the fact that the company has yet to convince investors of the long term potential."
Posted by Chris Weaver
