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Last week in the city

Henry Brennan, Investment Writer, looks at the market-moving events that have shaped the UK equity markets this week (June 5 to 9, 2017).

by
Anonymous

in Features

09.06.2017

The FTSE 100 fell by 0.2% over the course of the week by mid-session on Friday following a shock general election result that ended in a hung parliament. UK growth data was revealed to be the weakest in the European Union in the first quarter.

Economics

The UK was shown to be the worst performing economy in the European Union in the first three months of 2017. Official figures from Eurostat showed that, with growth of 0.2% in the first quarter of the year, the UK lagged every other nation in the bloc. The Greek economy, by contrast, grew 0.4%.

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