FTSE floored by house sales data

The blue-chip index has fallen more than 107 points, or 2.44% , to 4,296 following significant losses for the London Stock Exchange and Lloyds TSB Groups. Vodafone, the world's largest mobile phone company, climbed 7% in early trading after saying it aims to cut costs to protect earnings amid falling demand. Old Mutual, up 3%, and mobile phone firm Inmarsat, up more than 2%, also made gains. Significant losses for the biggest US car maker, GEN Motors, helped Wall Street to a near 1% loss on Wall St on Monday. The Dow Jones lost more than 73 points, or 0.82%, to 8,870.54, a drop also spu...