Business · 14 August 2026
The FTSE 100 heads for its first weekly drop since early July
Cheaper copper and a gloomy production update pushed shares in the mining company Antofagasta down by almost 5%. British software firms headed the other way on Friday, climbing quickly following rumours of a major buyout involving an American tech business. Meanwhile, the Bank of England's chief economist warned a surprise 0.3% jump in June's growth could mean higher interest rates.
Reported by Reuters · How we write briefs