FTSE dives on tech, telecoms woes and bad New York markets

London's FTSE 100 index is down sharply by more than 50 points this morning to about 5,022 after dismal telecoms news from FTSE 250 constituent Energis yesterday and a sharp downturn in leading New York indices. Energis fell as low as 5p yesterday after falling off a cliff when it hinted that the business might be wound up if its bankers could not be persuaded by its restructuring plan. Although it is not in the FTSE 100, Energis continued move down, off another 1.75p to 2.25p today, marks the first total collapse of a big telecoms outfit that many see as the start of further co...