Advertisement
UK markets close in 1 hour 37 minutes

  • FTSE 100

    8,127.66
    +48.80 (+0.60%)
     

  • FTSE 250

    19,786.49
    +184.51 (+0.94%)
     

  • AIM

    755.42
    +2.30 (+0.31%)
     

  • GBP/EUR

    1.1674
    +0.0018 (+0.15%)
     

  • GBP/USD

    1.2510
    -0.0001 (-0.01%)
     

  • Bitcoin GBP

    51,503.34
    +810.32 (+1.60%)
     

  • CMC Crypto 200

    1,328.78
    -67.75 (-4.85%)
     

  • S&P 500

    5,093.52
    +45.10 (+0.89%)
     

  • DOW

    38,237.02
    +151.22 (+0.40%)
     

  • CRUDE OIL

    84.07
    +0.50 (+0.60%)
     

  • GOLD FUTURES

    2,351.90
    +9.40 (+0.40%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,098.44
    +181.16 (+1.01%)
     

  • CAC 40

    8,073.95
    +57.30 (+0.71%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Sterling drops after data shows UK business investments slowing

Reuters - UK Focus

LONDON, May 26 (Reuters) - Sterling retreated from 3-1/2 month highs against the euro and fell against the dollar on Thursday after data showed business investment in Britain dropping in annual terms for the first time in three years amid uncertainty around the Brexit vote.

The Office for National Statistics confirmed the economy grew 0.4 percent in the January-March period, as expected in a Reuters poll. Business investment fell by 0.4 percent year-on-year in the first quarter after rising 3.0 percent in the fourth quarter of last year.

Sterling fell to the day's low of $1.4677 shortly after the data was released, having traded at $1.4720 beforehand. It (Other OTC: ITGL - news) had struck a three-week high of $1.4738 earlier in the London session.

The euro rose 0.3 percent to 76.10 pence, rebounding from a 3 1/2 month low of 75.66 pence struck on Wednesday. (Reporting by Anirban Nag, editing by Nigel Stephenson)