M&S fails to spark FTSE

clock •

The FTSE 100 has ended the day down 30.2 points, or 0.46% to 6,606.6, as gains by financial stocks were offset by disappointing trading results.

Marks & Spencer was the biggest loser with a fall of 4.74% to 703.5p, after it announced a 28.5% rise in profit but failed to reach the £1bn mark, while Experian slipped 2.98% to 585.5p, and Detica Group dropped 2.06% to 369p. British Airways also ended lower with a fall of 2.81% to 466.5p, on reports it has joined a consortium to explore a bid for Spain’s Iberia airline, while Home Retail fell 1.79% to 479.5p, although Yell Group limited losses with a rise of 3.27% to 505p. BT Group posted the biggest gains with a rise of 3.42% to 317.25p, closely followed by Alliance & Leicester whi...

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

Fahad Hassan: When good news becomes an inflation problem

Fahad Hassan: When good news becomes an inflation problem

'Markets have been adjusting to the risks through valuations all year'

Fahad Hassan
clock 29 September 2026 • 6 min read
Healey promises 'new age of industrialisation' ahead of Budget

Healey promises 'new age of industrialisation' ahead of Budget

Keeps quiet on personal taxation, pensions or savings at Labour’s conference

Isabel Baxter
clock 28 September 2026 • 2 min read
MPs warn policymakers to stop using OBR as scapegoat for tough fiscal decisions

MPs warn policymakers to stop using OBR as scapegoat for tough fiscal decisions

Treasury Committee report

clock 23 September 2026 • 2 min read