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manufacturing contraction News

FTSE 100 Stagnates Amid UK Economic Slowdown: Manufacturing and Mortgage Woes

Olivia Carter 02 May, 2025

The FTSE 100 closed flat amid disappointing UK economic data, including a contraction in manufacturing and a drop in mortgage approvals. Currency markets also reflected uncertainty...

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FTSE 100 Stagnates Amid UK Economic Slowdown: Manufacturing and Mortgage Woes

Sarah Mitchell 02 May, 2025

The FTSE 100 closed flat as UK economic data showed a contraction in the manufacturing sector and a drop in mortgage approvals. The euro and pound sterling both weakened against th...