Shares in British banks were broadly down on the FTSE 100 as investors continued to worry about ongoing debt problems in the eurozone.

Despite the European Union confirming a bailout worth 85 billion euros at the start of the week for Ireland, there are fears that the debt crisis is still going to spread to Portugal and even to Spain and Italy.

By 10:15 shares in RBS were down 0.44 per cent to 38.35 pence per share, Barclays shares declined 2.02 per cent to 257.65 pence per share and HSBC shares fell 0.06 per cent to 651.00 pence per share.

However Lloyds Banking Group saw shares rise 0.08 per cent to 60.59 pence per share.

Overall the FTSE 100 was up 0.02 per cent to 5,551.89.