London Stock Market Today: FTSE 100 Slips as Legal & General Drops, Balfour Beatty Jumps
London stocks slipped early Wednesday, with the FTSE 100 dropping 0.9% to 10,320.86 by 10:07 local time. The FTSE 250 tracked a similar path, sliding 1.0% to 22,260.53. The market surrendered a chunk of Tuesday’s relief gains. The FTSE 100 had surged 1.6%—its sharpest daily jump in almost a year. Still, after Monday’s tumble, the index remains roughly 7% off the record from February 27. That gap highlights just how fast London stocks have been marked down as oil, inflation, and the UK’s energy shock come into play.
