Sunday, August 3, 2008

FTSE falls on US data, miners; British Energy dips


* FTSE 100 1.1 pct lower after U.S. data

* Miners fall as metal prices slip; crude rises

* Kingfisher rises after sale of Castorama Italy business

* British Energy down as EDF walks away from bid

By Michael Taylor

LONDON, Aug 1 (Reuters) - Britain's benchmark share index extended losses to fall by more than 1 percent on Friday as U.S. jobs data weighed, while mining stocks tracked metal prices lower and British Energy (BGY.L: Quote, Profile, Research) slipped after a takeover blow.

The FTSE 100 .FTSE ended down 57.2 points, or 1.1 percent, at 5,354.7 and is 17 percent lower for the year to date.

Across the Atlantic, U.S. shares fell to weigh on UK sentiment following GM's (GM.N: Quote, Profile, Research) big loss, which added to worries about consumer spending, and U.S. employment data.

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