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| Rolls-Royce drags down FTSE 100 | |
| (about 4 hours later) | |
| (Noon): London's leading shares dipped in Monday morning trading, indicating that an eight-day run of gains might be coming to an end. | |
| By lunchtime, the benchmark FTSE 100 index was down 27.61 points, or 0.43%, at 6,388.55. | |
| Aerospace firm Rolls-Royce led the downward trend, shedding 4.4% after media reports of an inquiry into the EU's airline maintenance market. | |
| However, British Airways owner IAG rose 1.2% on a broker upgrade. | |
| Mining giant Glencore began the session as the 100-share index's biggest gainer after it said it had started the sales process for two of its copper mines. | |
| Shares in Glencore initially jumped 1.55% on the news that the mines, in Australia and Chile, were up for sale, but by lunchtime, they were down nearly 2%. | |
| Glencore is attempting to reduce $30bn (£19.5bn) of debt created by its 2013 takeover of Xstrata. | Glencore is attempting to reduce $30bn (£19.5bn) of debt created by its 2013 takeover of Xstrata. |
| Against the dollar, the pound was 0.25% higher at $1.5353 and gained 0.19% against the euro to €1.3499. | |