FTSE 100 opens lower as UK growth slips; Burberry pleases | 12 March 2021
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 was lost in the morning after a sharp uptick at opening, closing in positive territory. Homembuilder B...