FTSE 100 virtually flat, as UK borrowing jumps and retail survey disappoints London’s blue-chip shares index struggles for direction after economic data FTSE 100 barely changed UK public finances scarred by pandemic costs 11.22am: Demand short-lived after shops re-open Retail sales were below expectations in recent weeks, according to the the latest CBI Distributive Trades survey. Volume of sales was +18 between the end of April and the middle of May, a period when retailers were open but the hospitality and leisure rules had not been fully relaxed. This was down from +20 previously.
UK CBI Total Distributed Reported Sales May: 43 (prev 30) — LiveSquawk (@LiveSquawk) May 25, 2021