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FTSE 100 falls but Tui shares rally

London's leading share index opens lower, but shares in travel group Tui climb after it says it is on track to meet full-year profit forecast.

London's leading shares dip in early Wednesday trading, edging down from the previous day's 14-month high.

The FTSE rises, but shares in insurer Legal & General drop 4% despite it reporting a rise in half-year profits.

The FTSE 100 hits its highest level since June last year before falling back, with banks and mining companies lifting the index.

Director of the High Pay Centre Stefan Stern on the 10% pay rise for FTSE 100 chief executives.

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