//
According to Bloomberg, the index had dropped by 92.51 points to 5,884.19 at 14:41 GMT, resulting in the largest UK stocks two-day decline in five months.
The news provider pointed out both an accelerating Chinese growth and further speculation that an interest rate rise could be edging closer played their part in the FTSE's decrease.
What's more, it was a bad day for Xstrata, which shed 3.5 per cent to 1,411.5 pence after BHP Billiton revealed coal production was down due to the Australian floods in Queensland.
And EasyJet sunk by 15 per cent to 385.8 pence, its largest decrease since November 2008, after it forecasted bigger losses.
This comes after the FTSE 100 moved down by 0.3 per cent yesterday afternoon as UK stocks fell from a two-and-a-half year high.
Posted by Greg Secker
