UK's FTSE 100 lost 0.5% on Monday as
investors became sceptic whether the measures proposed by EU leaders during the
summit will manage to solve the debt crisis. Financials and mining companies
pushed on the UK benchmark index most heavily. Royal Bank of Scotland Group PLC
plunged 4.7% after Financial Services Authority reported that various
factors nearly destroyed the bank during 2008 financial crisis. Lloyds
Banking Group PLC shares fell 6.7% while HSBC Holdings PLC edged down
1.7%. Miners BHP Billiton PLC and Rio Tinto PLC dropped 2% and 1.5% respectively.