UK Stock Market Live: FTSE 100 Falls Again as Oil Tops $100 and Labour Losses Hit London Shares
London’s FTSE 100 slipped 0.75% to 10,200.29 in early Friday trading, according to delayed figures from Hargreaves Lansdown, as tensions flared again between the U.S. and Iran, sending oil prices up. Growing political uncertainty following UK election results also weighed on Britain’s blue-chip index, setting it up for a second consecutive day of losses. The stakes just jumped: what started as a standard dip has become something else. Iran’s conflict is pushing up fuel prices, stirring inflation bets, and filtering into what companies are telling investors. Early local election numbers are also stirring doubts about Prime Minister Keir Starmer’s hold on power.