FTSE gains after good day on Wall Street

BHP Billiton and Anglo American have led mining stocks higher as metal prices have climbed while Brambles Industries has gained after selling a trash collection unit to Veolia Environnement SA. The Fed said after European markets closed yesterday that further rate increases will depend on the outlook of economic growth and inflation as indicated by data. The overnight lending rate was raised to 5.25%, up from 1% two years ago. BHP Billiton, the world's largest mining company, has gained 2.9% to 1,061p. Anglo American, the world's second largest, has advanced 2.9% to 2,225p. Copper pri...