{"id":15449,"date":"2021-10-27T09:34:09","date_gmt":"2021-10-27T09:34:09","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/10\/27\/ftse-100-slides-ahead-of-uk-budget\/"},"modified":"2021-10-27T09:34:09","modified_gmt":"2021-10-27T09:34:09","slug":"ftse-100-slides-ahead-of-uk-budget","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/10\/27\/ftse-100-slides-ahead-of-uk-budget\/","title":{"rendered":"FTSE 100 Slides Ahead Of UK Budget"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks fell in cautious trade on Wednesday after Modern Land missed a bond payment, adding to worries about the wider impact of the debt crisis at behemoth China Evergrande Group.<\/p>\n<p>Traders also awaited the budget announcement from Chancellor Rishi Sunak where he is expected to reassures investors and consumers about the ongoing rise in inflation and unemployment. <\/p>\n<p>The benchmark FTSE 100 dropped 24 points, or 0.3 percent, to 7,254 after closing 0.8 percent higher on Tuesday. <\/p>\n<p>Miners Anglo American and Glencore fell more than 2 percent as concerns about Chinese intervention hit metal prices.<\/p>\n<p>FirstGroup jumped 5.4 percent. The transport group said it plans to return up to 500 million pounds to its shareholders through a tender offer at 105 pence per share.<\/p>\n<p>HomeServe climbed 4.8 percent. The home repairs and improvements <span class=\"landLinks\">business<\/span> said that it has completed the acquisition of CET Structures Ltd., a digitally-enabled home emergency assistance business in the UK, for circa 53 million pounds. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/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 Slides Ahead Of UK Budget<\/a><br \/>\n<br \/>2021-10-27 09:34:09<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks fell in cautious trade on Wednesday after Modern Land missed a bond payment, adding to worries about the wider impact of the debt crisis at behemoth China Evergrande&#8230;<\/p>\n","protected":false},"author":2,"featured_media":15450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-15449","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/15449","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=15449"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/15449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/15450"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=15449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=15449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=15449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}