Morning Markets: FTSE slips back below 5,000

The London blue-chip index was down 46.13 points (0.92%) to 4,965.34 points by 10:30am. Johnson Matthey has been the worst hit and is down 4.28% to £13.85, while Kazakhmys, Vedanta Resources and Eurasian Natural Resources are also all down by over 3%. Meanwhile, Home Retail Group is currently leading the upside this morning with a gain of 0.82% bringing its shares to 295p each. Shares in Cadbury are also strong as rumours of a higher takeover bid from US firm Kraft and interest from Hershey continue to support prices. The company's shares were up 0.52% to 779.50p. In the US on F...