Falling oil price continues to hit FTSE

The FTSE 100 index is so far down 13 points or 0.27% to 4,947.6, with mining giant Antofagasto losing the most in early trading, dropping 34p or 2.78% to £11.91. Rival firms are not faring much better on the back of shifting oil and copper prices – all of which the major mining companies rely on – as BHP Billiton is down 14.5p or 2.08% to 681p while Xstrata has fallen 10p or 0.99% to £10.01 and Rio Tinto is 14p or 0.83 lower at £16.81. Steel manufacturer Corus Group is also down 1.25p or 2.25% to 54.25p and Gus, the catalogue retailer which also owns Argos, has seen its share price f...