This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-36802646
The article has changed 5 times. There is an RSS feed of changes available.
Version 2 | Version 3 |
---|---|
Pound and FTSE 100 lose ground | |
(about 3 hours later) | |
UK shares have dipped further and the pound has lost ground as investors continue to digest the Bank of England's latest pronouncement. | |
On Thursday, the Bank stunned the markets by keeping interest rates on hold, following speculation that it would cut rates from 0.5% to 0.25%. | On Thursday, the Bank stunned the markets by keeping interest rates on hold, following speculation that it would cut rates from 0.5% to 0.25%. |
By mid-afternoon on Friday, the FTSE 100 was down 10.04 points at 6,644.43. | |
The pound was down 0.47% against the dollar at $1.3281. Against the euro, it was down 0.17% at €1.1983. | |
Among individual shares, airlines bore the brunt in the wake of Thursday night's Bastille Day attack in the French resort of Nice. | Among individual shares, airlines bore the brunt in the wake of Thursday night's Bastille Day attack in the French resort of Nice. |
Easyjet and British Airways owner IAG were down 3.2% and 1.3% respectively. | |
At the same time, High Street mainstays Morrisons and Marks and Spencer fell 2% and 2.5% respectively. | |
Other European share indexes were also down, reflecting market gloom at the French terror attack. | Other European share indexes were also down, reflecting market gloom at the French terror attack. |
The Cac index in Paris was down by about 0.6%, while Frankfurt's Dax dropped about 0.2%. |