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FTSE 100 rises as Next reports higher sales

Retailer Next has led shares higher on the FTSE 100 index after reporting a rise in overall sales in the three months to the end of July.

Bank shares drag the FTSE 100 lower, as the banking sector across Europe comes under pressure.

The London market starts the week higher, but shares in BA owner IAG dip after Qatar Airways increases its stake in the airline group to 20%.

Shares in Barclays rise 5% following its latest results, but Pearson shares sink after its half-year sales slide.

The FTSE 100 drops in early trade, as investors digest a raft of results from some of the UK's biggest companies.

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