Finally, after years as an embarrassing also-ran, the London stock market is enjoying, in relative terms at least, a moment in the sun. While the S&P 500 index, the best benchmark for Wall Street’s performance, has fallen by about 19pc so far this year...
Joining markets across the world, the FTSE 100 ended down 29.09 points to 7484.35, a drop of 0.4%.
Sentiment in the retail sector deteriorated at the fastest pace since November 2020.
The programme, aimed at reducing the bank's share capital, will end no later than 30 September.
Government borrowing last month fell £5.6bn from a year earlier to £18.6bn, new data showed.
By Geoffrey Smith