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UK Stocks Slip as Oil Surges

UK stocks fell as oil prices jumped due to supply concerns in the Middle East. Investors are now awaiting remarks from Bank of England Governor Andrew Bailey for rate clues.

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A worker shelters from the rain under a Union Flag umbrella as he passes the London Stock Exchange in London, Britain, October 1, 2008. REUTERS/Toby Melville/File Photo

London stocks fell 0.41% on Thursday as Brent Crude Oil prices jumped 4% to $104 per barrel. The decline tracked rising tensions in the United Kingdom energy sector. Investors await interest-rate guidance from central bank officials.
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