Britain’s shares are heading for their longest streak of weekly slumps since January amid declines in commodity producers.
Glencore Plc lost 2.7 percent, set for its lowest price in almost a month. Interserve Plc plunged 26 percent after warning of a construction charge and higher debt. Man Group Plc, the world’s largest publicly traded fund-management company, sank 7.1 percent after Citigroup Inc. advised to sell the shares, changing its recommendation from a buy. InterContinental Hotels Group Plc slipped 1.4 percent after reporting revenue per available room that missed analysts’ estimates.
The FTSE 100 Index dropped 0.5 percent at 9:06 a.m. in London, extending the decline for the shortened week to 2.5 percent -- the most since February. The broader FTSE All-Share Index also fell on Friday, while Ireland’s ISEQ Index was little changed.