The FTSE 100 index of leading UK shares was down 31 points to 4,099 in its first hour of trading aft...
The FTSE 100 index of leading UK shares was down 31 points to 4,099 in its first hour of trading after a new report showing the country's services industries are slowing down as the manufacturing sector continues to struggle. Financial services firms were the hardest hit by news of the British Chamber of Commerce report, with Schroders losing 20p to 528.5p and Amvescap shedding 10.75p to 346.25p. Media stocks were also hit after JPMorgan cut its forward earnings per share estimates for Reuters by more than 20%, cutting 5p off the share price, taking it to 172p. A cut to...
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