Miners strike early loss for FTSE

A fall on Wall St also did not help, with the index currently down 126.7 points, or 1.99%, to 6233.4. Cadbury Schweppes announced a fall in interim profits and warned it may face more pressure for the rest of the year from rising raw material prices. The beverage and confectionary giant is down 35.5 points, 5.73%, to 584.5. But it is the miners really taking a battering, with Antofagasta, BHP Billiton, Xstrata and Rio Tinto all among the top five losses. Antofagasta has dropped 5.01%, BHP 4.75%, Xstrata 4.66% and Rio 4.58%. National Grid is one of the very few to be up early; curr...