FTSE lower as miners struggle

Kazakhmys is leading the decline for the miners, dipping 2.98% to 1724 so far. Compatriots Vedanta and BHP Billiton have also stated in the red, down 2.87% to 2572 and 2.8% to 2051. Concerns the solid recent trading seen may be coming to an end has hit interdealer broker ICAP early, 2.9% behind to 586.50. Cable and Wireless is building on yesterday’s solid gains, up 1.85% to 159.50; while insurer Friends Provident is also doing well, 1.66% ahead to 116.10. In New York, Wall Street experienced a rather steady day with mixed reports leading to investor caution on Thursday. The Dow Jones IA...