FTSE 100 Slips as Energy and Consumer Stocks Drag After Reeves’ Tax-Raising Budget – UK Stock Market Today, 27 November 2025
The UK stock market traded slightly lower on Thursday as investors digested Chancellor Rachel Reeves’ hefty Autumn Budget, with energy, miners and consumer staples weighing on the blue‑chip FTSE 100 while mid‑caps held on to modest gains. By late morning in London, the FTSE 100 was down around 0.2–0.3% and hovering near 9,670, pulling back from Wednesday’s strong post‑budget rally that took the index to roughly 9,692, an 0.8% gain on the day.Reuters+2Investing.com+2 The more domestically focused FTSE 250 was modestly higher, up between 0.1% and 0.4%, as traders rotated into UK‑centric growth stories and budget beneficiaries.Reuters+1 US markets are
