FTSE weighed down by miners

clock

The FTSE 100 is down 24.8 points, or 0.38%, to 6,540.6 in early trading, as broker downgrades and poor miners are weighing on the index.

Pub and restaurant firm Mitchells & Butler is the biggest loser with a fall of 2.34% to 854.5p, following a broker downgrade over worries about delays to its plans to improve the capital structure, while Lonmin has fallen 1.37% to £38.03. Land Securities is also down 1.48% to £18.65, closely followed by Home Retail which has slipped 1.27% to 466.25p, while ICAP fell 1.24% to 517.25p, although losses are being limited by Legal & General which is up 0.45% to 154.6p. However, Experian is posting the biggest gains with a rise of 0.98% to 616.5p, closely followed by cruise operator Carnival ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

UK inflation rises to 3.8% in July

UK inflation rises to 3.8% in July

Core CPI also up to 3.8%

Sorin Dojan
clock 20 August 2025 • 2 min read
Bank of England meets expectations and cuts rates to 4%

Bank of England meets expectations and cuts rates to 4%

Lowest level in two and a half years

Isabel Baxter
clock 07 August 2025 • 4 min read
Think tank warns UK fiscal hole could surpass £50bn by 2030

Think tank warns UK fiscal hole could surpass £50bn by 2030

Government not on track to meet ‘stability rule’

Sorin Dojan
clock 06 August 2025 • 1 min read