London Stock Market Today: FTSE 100 Slips as Legal & General Drops, Balfour Beatty Jumps
London’s FTSE 100 fell 0.9% to 10,320.86 by 10:07 a.m. Wednesday, giving back part of Tuesday’s rally. Legal & General dropped 5% after missing profit and solvency expectations. Oil markets remained volatile after attacks on vessels in the Strait of Hormuz. Investors see a 98% chance the Bank of England holds rates this month.
