The FTSE 100 is up 43.8 points, or 0.68%, to 6,462.5, as Cable & Wireless pushes the index higher on news it might be broken up and sold to private equity firms.
Miners are performing well with Antofagasta up 2.35% to 544.25p, although Cable & Wireless is posting the biggest gains with a rise of 4.42% to 189.2p, while retailer Next has added 2.21% to £23.54. Punch Taverns has climbed 1.97% to £12.95, while Reckitt Benckiser has advanced 1.8% to £27.68, although gains are being limited by Intercontinental Hotels Group which has slipped 0.25% to £12.20. Brewer Scottish & Newcastle is currently the biggest loser with a drop of 1.2% to 617.5p, closely followed by Persimmon which has slipped 0.89% to £13.43, while Drax has fallen 0.19% to 797p, and...
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