London stocks trade flat as defence gains offset mining and banking losses

British markets remained flat Friday as AI concerns balanced defence gains. Despite a tech rebound, losses in mining and banking kept the FTSE indexes subdued.

Insights:
Britain's FTSE 100 and FTSE 250 slipped about 0.1% as investors in the United Kingdom GBGB reacted to market volatility triggered by a wave of recent artificial intelligence tool releases. This wave of releases, which began in late January, has produced immediate bouts of volatility throughout the current week, affecting major indexes and multiple sectors across the market.
A screen displays financial market information at the London Stock Exchange in London, Britain, on January 19, 2026. REUTERS/Jack Taylor/File Photo
A screen displays financial market information at the London Stock Exchange in London, Britain, on January 19, 2026. REUTERS/Jack Taylor/File Photo
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