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12 March 2021 | 09:13am StockMarketWire.com - The FTSE 100 opened down by 26 points on Friday morning, as data showed the economy shrank in January, weighed down by a slump in trading activity with the EU. The UK economy shrank by 2.9% in January, somewhat lower than the 4.9% drop many were anticipating, whilst UK imports and exports both fell by 19.3% in January Yesterday, the FTSE 100 finished up around 11 points, despite hits to pharma-giant AstraZeneca, recovering in the afternoon what wa...

Bodycote swings to loss on restructuring costs, pandemic-dent to revenue

FTSE 100 outperforms as sterling slumps on UK data

12 March 2021 | 16:39pm StockMarketWire.com - The FTSE 100 did rather than better than its US and European counterparts on Friday, closing up 0.4% at 6,761.47. By 4.30pm UK time the S&P 500 was down 0.3% to 3,926.72. Weakness in sterling on a messy set of UK economic data helped lift the internationally-focused FTSE. The UK economy shrank by 2.9% in January, somewhat lower than the 4.9% drop many were anticipating, whilst UK imports and exports both fell by 19.3% in January Housebuilder Berkel...