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| Falling oil price hinders FTSE 100 | |
| (about 4 hours later) | |
| (Noon): After closing at a four-month high on Tuesday, the FTSE 100 index fell back after a drop in oil prices hit energy stocks. | |
| The FTSE 100 was down 33.24 points at 6,838.56, with shares in Tullow Oil down 4.4% and BP down 1.5%. | |
| Oil prices lost some ground after their recent rebound. Brent crude dropped 95 cents to $56.76 a barrel, while US crude fell $1.72 to $51.33. | |
| Shares in Sky rose 2.7% after it posted a strong rise in customer numbers. | |
| Sky said it had added 204,000 new customers in the UK and Ireland during the second half of 2014, its highest growth for nine years. | Sky said it had added 204,000 new customers in the UK and Ireland during the second half of 2014, its highest growth for nine years. |
| Hargreaves Lansdown shares fell 5.1% after it said half-year profits fell 2% to £101.9m. | |
| The investment platform also reported a slowdown in net fund inflows over the period. | |
| Shares in tool hire firm HSS made a weak start on their first day of trading on the stock market. Having been priced at 210p each - which was at the bottom end of the indicated price range - they fell back to about 200p. | |
| On the currency markets, the pound fell 0.12% against the dollar to $1.5148, and rose 0.21% against the euro to €1.3240. | On the currency markets, the pound fell 0.12% against the dollar to $1.5148, and rose 0.21% against the euro to €1.3240. |