FTSE index slips as crude oil drops

By Atul Prakash LONDON (Reuters) - Britain's top share index retreated on Monday pulled lower by energy shares hit by a decline in oil prices and financial shares concerned over Italian banks. The blue-chip FTSE 100 index was down 0.7 percent in morning trading after recent gains. Energy shares led the broader stock market lower, with the UK oil and gas index falling 1.7 percent following weaker oil prices.