FTSE sheds gains as investor jitters return

The FTSE 100 was off more than 100 points, or 1.52%, at 6,659 in early afternoon trading. Mining stocks were particularly affected after the IMF trimmed its 2013 China growth forecast from 8% to 7.75%. Despite the drop, the index remains on course to complete its twelfth month of consecutive gains following a positive start to May. Other indices across Europe were also in the doldrums, with the French CAC 40 down 1.29% at 3,998 points, and the German DAX off 1.51% lower at 8,352. Shares in Asia were muted overnight with a small up tick for the Nikkei 225 of just 0.1% to 14,325, ...