Business · 27 August 2026
Britain's top stock index falls 0.5% despite a jump in tech shares
Share prices for beverage, chemical, and real estate companies dragged the wider London market down on Thursday. The blue-chip FTSE 100 dropped to about 10,821 points, even though UK technology firms climbed 1% following strong artificial intelligence forecasts from the American chipmaker Nvidia. In other financial news, traders now expect the Bank of England to wait until February 2027 before raising interest rates.
Reported by Reuters · How we write briefs