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Business · 7 September 2026

London shares fall slightly but BP and Shell gain on high oil prices

London shares fall slightly but BP and Shell gain on high oil prices

Image by Jomkwan on Freepik

The FTSE 100, Britain's top stock market index, dropped 0.1% on Monday morning following strong American employment figures. Traders believe the US Federal Reserve, America's central bank, now has a 58% chance of raising borrowing costs this September. Meanwhile, Spire Healthcare shares climbed roughly 3% after accepting a buyout offer worth about £1,026 million from several investment funds.

Reported by Reuters · How we write briefs

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