FTSE 100 slips as banks weigh; defensive stocks limit decline

The FTSE ‌100 declined ​on Tuesday, with banks dragging the most, as elevated oil prices continued to weigh even as gains in defensive sectors helped cushion the fall.

The ‌blue-chip FTSE 100 index fell 0.8% to 10,680.25 points by 1006 GMT. The midcap FTSE 250 lost 1% and was on track for its biggest one-day fall in nearly two weeks.