FTSE 100 drops as global trade tensions and corporate setbacks weigh on UK shares
UK shares declined on Monday due to the fear of a global trade war triggered by President Trump's hint on tariffs affecting all countries. The FTSE 100 index and FTSE 250 saw significant drops, with concerns further heightened by data on slowing British mortgage approvals and decelerating consumer credit growth.
UK shares declined on Monday due to the fear of a global trade war triggered by President Trump's hint on tariffs affecting all countries. The FTSE 100 index and FTSE 250 saw significant drops, with concerns further heightened by data on slowing British mortgage approvals and decelerating consumer credit growth.
