You will have to set the MTU to 1500, that speed is not enough, if you are getting only 416Kbps downstream, then it's not right, either the router is at fault or your isp, understandably you are on 8mbits but you need to do a line speed check at BT web site and see what you should be getting in theory, as you may be far away from the exchange. The MTU of 1500 may not up it to what is should be, i think you need to check your line filters and get a line check done as 416 mbps is unacceptable.
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