Updates from Wetherspoon and Interserve

Adrian Holliday

The FTSE 100 dipped sharply on Tuesday, down -1.25% to 6,738.4; an 85-point drop. British Airways owner IAG saw its shares take the steepest dive, down 7% to 335p; easyJet shares also were hit hard, down 5.81%. Both airlines were rattled by an Air France-KLM profits warning.

The Dow Jones also fell, down 117 points - or -0.69% - bringing it under the 17,000 threshold to 16,906.6; IT stocks were the most vulnerable as investors unloaded. %VIRTUAL-SkimlinksPromo%