The London market closed lower after third quarter UK economic growth was worse than expected.

UK gross domestic product (GDP) in the three months to September slowed to 0.5 per cent, although most economists had forecast growth would slow less sharply to 0.6 per cent in the third quarter, from 0.7 per cent in the second.

The FTSE 100 Index, which had traded negatively all session, dipped further after the official data was released closing 51.8 points down to 6365.3.

France's Cac 40 and Germany's Dax were both around one per cent down. In New York the Dow Jones Industrial Average was slightly lower in early trading.

The pound was down against the US dollar at 1.53, after the disappointing UK GDP data. Sterling was also slightly lower against the euro at just under 1.39.

Oil giant BP reported a 40 per cent drop in quarterly earnings after it was impacted by low crude prices, but still came in ahead of analysts' forecasts.

The firm's underlying replacement cost profit for the third quarter was $1.82 billion (£1.19bn), compared with $3.04bn (£1.98bn) a year ago.

But the oil group's shares fell 4.4p to 380p, after it had been one of the strongest performer's in the top flight for most of the session.

Miners were among the biggest fallers, with BHP Billiton down 40p to 1091p, Anglo American fell 33.5p to 557.4p and Rio Tinto 55p lower at 2432.5p.

Outside the top flight there was welcome news for telecoms firm TalkTalk, with its shares up more than 13 per cent, or 29.8p to 255.1p, after the arrest of a 15-year-old boy in Northern Ireland in relation to its hack attack.

The firm added it will only waive termination fees for customers wanting to end their contracts if money is stolen from them, which cheered its investors.

On Friday it revealed that the details of millions of its customers could have been accessed by hackers after a "significant and sustained cyber attack" on its website. The business had lost 16 per cent of its share price over the previous two sessions.

Also, Harry Potter publisher Bloomsbury saw its half-year sales jump as the firm continues to diversify its book list.

It said its sales lifted 11.6 per cent to £52.7 million in the six months to the end of August compared with a year ago, as the group boosted sales by 45 per cent at its educational and children's unit.

In the second half of the year Bloomsbury said its publishing list will include the illustrated edition of Harry Potter And The Philosopher's Stone, Sweet Caress by William Boyd and River Cottage: Love Your Leftovers by Hugh Fearnley-Whittingstall.

Shares fell 3.3p to 163p.

The biggest risers in the FTSE 100 Index were Shire 318p at 4927p, St James's Place up 8.5p to 939p, Associated British Foods up 29p at 3424p, Legal & General up 2p at 258.7p.

The biggest fallers in the FTSE 100 Index were Anglo American 33.5p at 557.4p, Pearson up 37p at 868p, Antofagasta up 23p at 544.5p and BHP Billiton up 40p at 1091p.