{"id":12753,"date":"2021-08-10T09:38:18","date_gmt":"2021-08-10T09:38:18","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/10\/ftse-100-slips-as-retail-sales-growth-moderates\/"},"modified":"2021-08-10T09:38:18","modified_gmt":"2021-08-10T09:38:18","slug":"ftse-100-slips-as-retail-sales-growth-moderates","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/10\/ftse-100-slips-as-retail-sales-growth-moderates\/","title":{"rendered":"FTSE 100 Slips As Retail Sales Growth Moderates"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks were slightly lower on Tuesday after data showed the pace of U.K. retail sales growth slowed in July. <\/p>\n<p>Total retail sales grew 6.4 percent on a yearly basis in July while like-for-like sales were up 4.7 percent, the British Retail Consortium said. <\/p>\n<p>The lifting of restrictions did not bring the anticipated in-store boost, with the wet weather leaving consumers reluctant to visit shopping destinations, Helen Dickinson, chief executive at BRC, said.<\/p>\n<p>The benchmark FTSE 100 slipped 10 points, or 0.1 percent, to 7,122 after ending 0.1 percent higher on Monday. <\/p>\n<p>Investment manager M&amp;G fell about 2 percent after it swung to an IFRS loss after tax of \u00a3248m for the six months ended 30 June.<\/p>\n<p>Travel and leisure stocks were losing ground as many countries see an increase in COVID-19 cases. International Consolidated Airlines Group shed half a percent,   EasyJet gave up 0.9 percent and TUI AG fell over 1 percent. <\/p>\n<p>Derwent London rose more than 2 percent. The company said that it has bought two properties in London&#8217;s West End for 214.6 million pounds ($297.1 million) and entered into a joint venture with Lazari Investments to buy three London properties.<\/p>\n<p>Workspace provider IWG jumped 2.7 percent. After posting a bigger half-year loss, the company said it was cautiously optimistic about the rest of the fiscal year.<\/p>\n<p>Flutter Entertainment soared 8.5 percent after the gambling firm beat profit estimates. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>FTSE 100 Slips As Retail Sales Growth Moderates<\/a><br \/>\n<br \/>2021-08-10 09:38:18<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks were slightly lower on Tuesday after data showed the pace of U.K. retail sales growth slowed in July. Total retail sales grew 6.4 percent on a yearly basis&#8230;<\/p>\n","protected":false},"author":2,"featured_media":12754,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-12753","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=12753"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12753\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/12754"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=12753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=12753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=12753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}