FTSE 100 Falls After Weak UK Retail Sales Data - News Summed Up

FTSE 100 Falls After Weak UK Retail Sales Data


FTSE 100 Falls After Weak UK Retail Sales Data0758 GMT - The FTSE 100 falls 0.4% to 7252 points as weaker-than-expected U.K. retail sales data weigh on the sector's shares.U.K. retail sales fell 1.6% month-on-month in August, worse than the 1.4% drop expected by analysts in a WSJ survey. The cost of living crisis is "beginning to take a visible effect on consumer habits," Interactive Investor analyst Richard Hunter writes. ---Drumz 1H Pretax Loss Narrowed; Seeks Potential AcquisitionsDrumz PLC said Friday that pretax loss for the first half of 2022 narrowed amid higher revenue and lower losses on investments. ---Roquefort Therapeutics Names New CEO, Chief Scientific OfficerRoquefort Therapeutics PLC on Friday said it appointed Trevor Ajanthan Reginald as chief executive officer.


Source: Wall Street Journal September 16, 2022 20:57 UTC



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