|Day's range||7,292.23 - 7,350.24|
|52-week range||6,536.50 - 7,727.50|
The company said it could no longer issue a $500m junk bond, which it needed to unlock funding for a huge fertiliser mine in Yorkshire.
Shares in Persimmon and Taylor Wimpey were lower on Tuesday after a government body criticised the public funding Help to Buy scheme which makes it easier for first-time buyers to afford a home and has been a big boost to British housebuilders. At 0743 GMT, Taylor Wimpey , Persimmon and Berkeley Group were all down 1.3% and 1.6%, lagging the broader FTSE 100 index, which was up 0.2%. "Help to Buy was originally intended as a short-lived scheme, but will now last for 10 years and consume over 8 times its original budget, yet the value achieved from its extension is uncertain," the House of Commons' Public Accounts Committee (PAC) said in a report published on Tuesday.
So far in the Brexit process, the pound has faced periodic volatility, which in turn has affected the shares in the FTSE 100 (INDEXFTSE: UKX). Let's take a closer look.
Investing.com -- European stock markets opened lower Tuesday as concerns over the spike in oil prices continued to weigh on markets. Asian stocks had also weakened overnight, after the U.S. reportedly shared intelligence with Saudi Arabia showing that Iran was responsible for the weekend attack on its oil facilities. Saudi Arabia hasn't yet joined the U.S. in publicly blaming Iran, something that could raise the likelihood of a coordinated response against the Islamic Republic.
Britain's blue-chip index dropped on Monday as non-oil stocks took a hit from mounting geopolitical risks and growth concerns after crude prices rose due to the attacks on Saudi Arabian production facilities. The FTSE 100 slipped 0.6% overall, but a 4% gain in BP and 2% in Shell kept a lid on losses. The FTSE 250 was down 0.7%.
The pound fell after it emerged that Boris Johnson would reject any offer of a Brexit extension made by Jean-Claude Juncker.
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Tim Martin said the prime minister shouldn't break law requiring him to write to the EU 'but he should try and leave.'