London’s FTSE 100 has been outperformed by European peers on Wednesday, after a new survey suggested the UK’s services firms were knocked by Budget worries last month.
The blue-chip index was down 23.6 points, or 0.28%, to close at 8,335.81.
S&P Global’s PMI survey, closely watched by economists, showed growth in the UK’s services sector slowed to its lowest rate for more than a year in November.