(Oct 14): U.K. stocks fell for a fifth day in six, with the benchmark FTSE 100 Index near a one-year low, led by a slump in Burberry Group Plc.

The U.K.’s largest luxury-goods maker declined the most in a year after forecasting downward pressure on profit margins. Mulberry Group Plc plunged 25 percent. Rio Tinto Group, Anglo American Plc and BHP Billiton Plc led mining stocks higher.

The FTSE 100 slid 20.60 points, or 0.3 percent, to 6,345.64 at 8:38 a.m. in London. The equity benchmark is within 0.1 percent of its lowest level since October of last year amid concern the European Central Bank will face obstacles in its plan to buy securitized debt as a means of boosting inflation and growth. The broader FTSE All-Share Index fell 0.3 percent today, while Ireland’s ISEQ Index was little changed today.