Advertisement
UK markets closed

  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     

  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     

  • AIM

    789.87
    +6.17 (+0.79%)
     

  • GBP/EUR

    1.1629
    +0.0018 (+0.16%)
     

  • GBP/USD

    1.2531
    +0.0007 (+0.05%)
     

  • Bitcoin GBP

    48,114.63
    -1,471.32 (-2.97%)
     

  • CMC Crypto 200

    1,253.07
    -104.94 (-7.73%)
     

  • S&P 500

    5,218.59
    +4.51 (+0.09%)
     

  • DOW

    39,479.74
    +91.98 (+0.23%)
     

  • CRUDE OIL

    78.32
    -0.94 (-1.19%)
     

  • GOLD FUTURES

    2,376.60
    +36.30 (+1.55%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     

  • DAX

    18,772.85
    +86.25 (+0.46%)
     

  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     
MONEY:

Best savings accounts that offer above inflation rates

How to earn the most interest on your savings

Sterling falls after UK GDP numbers

Reuters - UK Focus

(In paragraph 3, corrects to say 'the pound weakened', not 'the pound strengthened')

LONDON, May 28 (Reuters) - Sterling fell on Thursday after data confirmed that the UK economy grew at 0.3 percent in the first quarter compared with the previous three months, disappointing those who had expected a higher reading.

Sterling hit an intraday low of $1.5332 after the data, down from $1.5364 beforehand, before recovering a little to $1.5358.

Against the euro, the pound weakened to 71.25 pence , from 71.10 pence before the data's release.

Gilts and the FTSE 100 share index were little changed after the data. (Reporting by Jemima Kelly; Additional reporting by Atul Prakash and Andy Bruce; Editing by Anirban Nag)