U.K. Stocks Decline as BHP Billiton, Rio Tinto Slide With Copper

U.K. stocks fell to their lowest level in more than a month as mining shares dropped and Treasury yields jumped on speculation the Federal Reserve will reduce its bond purchases next month.

Glencore Xstrata Plc dropped 2.1 percent after Reuters reported that the mining company created three months ago may write down as much as $7 billion of assets it inherited from Xstrata. BHP Billiton Ltd. and Rio Tinto Group each declined more than 1.5 percent as copper slid.