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The Independent UK

Business

Jeremy Cutler

Babcock shines but FTSE 100 gives up early gains

Babcock Babcock International NATO London THG United States WPP

A general view of 30 St Mary Axe, known as the Gherkin, seen at night in London (Ian West/PA) - (PA Archive)

The FTSE 100 closed lower on Wednesday, well below early highs, despite a stellar showing from Babcock International after well-received results.

The FTSE 100 index closed down 40.24 points, 0.5%, at 8,718.75.

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One subscription that gives you access to news from hundreds of sites

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