Market report: Room rates boost InterContinental
London shares lose early gains to drift lower as investor optimism is quickly swept aside despite a fairly robust showing on Wall Street overnight. The FTSE 100 index slips around 23 points to 6,328, matching the prevailing mood on Europe's main markets on Tuesday, although UK midcaps perform better. The FTSE 250 is up close on 30 points at 16,945, albeit a fractional gain.
In corporate ...