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Evening Standard
Evening Standard
Jeremy Cutler

FTSE 100 falters as investors mull outlook for UK economy

Rachel Reeves United Kingdom Economy Entain LVMH Budget Sky News Burberry Kathleen Brooks London

The FTSE 100 closed lower on Wednesday, despite a boost from Burberry, as investors mulled the outlook for the UK economy given the prospect of tax rises and spending cuts.

The FTSE 100 index closed down 28.02 points, 0.3%, at 9,424.75. The FTSE 250 ended just 7.22 points lower at 22,020.96, and the AIM All-Share dropped 2.14 points, 0.3%, to 787.42.

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