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Business · 2 hours ago

FTSE 100 falls 0.9% as Barclays shares drop over reported scrutiny

FTSE 100 falls 0.9% as Barclays shares drop over reported scrutiny

Photo: jam_90s (CC BY 2.0)

Barclays shares fell 2.7% after the Financial Times said the Bank of England was examining how traders described risky private credit loans. Brent crude remained above $107 a barrel, keeping inflation worries high. Industrial metal miners and aerospace and defence stocks each lost about 2%, while investors awaited UK inflation and retail sales figures.

Reported by Reuters · How we write briefs

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