FTSE follows global dip

clock

The FTSE 100 is fighting back this morning after sliding in early trading, currently 35.1 points down, or 0.51%, to 6609.4.

Northern Rock is once again leading the losses; the lender is following on from yesterday, 10.5 points down, or 4.86%, to 205.75. Barclays is at the forefront of the poor start for banks, down 19.5 points , or 3.11%, to 607; while British Airways is struggling, no doubt influenced by the high crude oil price, 13 points lower, or 3.1%, to 406.5. Cleaning product manufacturers Reckitt Benckiser is leading the gains, currently up 47 points, or 1.62%, to 2945; while global specialty biopharmaceuticals company Shire is 18 points up in early trading, or 1.56%, to 1169. IT was a weak session on...

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