09/11/2025
📉 UK Stocks Slump As Market Eyes Tax Hikes & Budget Uncertainty
UK markets took a hit this week as investors reacted to weak earnings and looming tax-rise fears ahead of the upcoming national budget. The FTSE 100 dropped about 0.6% today, capping a volatile week.
With the government signalling broad tax changes and business sentiment shaky, the stage is set for a rocky economic outlook.
London stocks fell on Friday, with IAG among the biggest drags, capping a volatile week dominated by a flurry of corporate earnings and the Bank of England's interest rate decision.