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FTSE finishes lower following dire GDP reading, Paypoint plunges on Ofgem probe

Despite Wall Street heading higher on stimulus package hopes on Wednesday afternoon, helping European markets to regain their footing, the FTSE 100 finished 0.53% lower at 5,866.10. Weighing on sentiment was the latest data from the Office for National Statistics (ONS), which revealed UK GDP dropped 19.8% in the second quarter of this year, better than the first estimate of 20.4%. Despite the ...

FTSE edges lower following fiery debate, Boohoo delivers another upgrade, William Hill agrees takeover

UK shares were volatile on Wednesday, moving significantly higher initially before falling back into the red after the release of better than expected, but still bad, second quarter gross domestic product (GDP) figures. Before trading began, the blue-chip FTSE 100 index was expected to fall as investors struggled to digest last night’s messy US presidential debate between Donald Trump and Joe ...
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