LONDON: London’s FTSE 100 ended the day and the week slightly lower on Friday, pausing after a run of record highs and ahead of a reading of UK inflation next week that will set near-term expectations for the timing of a first interest rate cut.
The blue-chip FTSE eased 0.2% on the day and was down 0.1% for the week, just snapping three weeks of gains. The midcap FTSE 250 index fell 0.4%.
The personal goods sector led Friday’s decline, falling 2.3%, followed by automobile parts , which slipped 1.7%.
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