London Stocks Fall on Inflation Worries
London shares dropped to one-month lows as elevated oil prices sustained inflation concerns. Energy stocks limited losses while banks and miners declined.
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London shares fell Thursday morning as elevated Brent Crude Oil prices stoked inflation fears across markets. The benchmark FTSE 100 index declined 0.4% to 10,627.80 points by midday. The slide reflects ongoing anxieties over energy costs in a week packed with macro data releases.
