FTSE 100 Live: UK GDP down by 0.1%, balance of trade, Experian update
Shares in the housebuilding sector fell again today after Barratt Developments revealed a drop in its average sale price. The update amid the impact of higher mortgage costs came as it emerged that the UK GDP declined 0.1% during May. Demand for luxury timepieces “continues to outpace supply”, retailer Watches of Switzerland said, as years-long waiting lists for its most in-demand timepieces got even longer, despite it raising prices.