{"id":25089,"date":"2022-08-23T09:25:21","date_gmt":"2022-08-23T09:25:21","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/08\/23\/ftse-100-slides-on-growth-worries-2\/"},"modified":"2022-08-23T09:25:21","modified_gmt":"2022-08-23T09:25:21","slug":"ftse-100-slides-on-growth-worries-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/08\/23\/ftse-100-slides-on-growth-worries-2\/","title":{"rendered":"FTSE 100 Slides On Growth Worries"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks were moving lower on Tuesday amid worries about rising inflation and its impact on economic growth.<\/p>\n<p>U.K. economic activity slowed slightly in August as manufacturers were pummeled by weaker demand, but the services sector held up better than expected, survey data showed earlier today. <\/p>\n<p>The S&amp;P Global\/CIPS Purchasing Managers&#8217; Index (PMI) composite flash estimate dropped to an 18-monht low of 50.9 in August from 52.1 in July.<\/p>\n<p>The benchmark FTSE 100 was down 30 points, or 0.4 percent, at 7,503 after closing 0.2 percent lower on Monday. <\/p>\n<p>BT group shares rose about 2 percent after the government allowed French billionaire Patrick Drahi to retain his stake in the telecoms group. <\/p>\n<p>John Wood Group tumbled 3.3 percent. After reporting a wider pretax loss for the first half of 2022, the engineering services firm said it expects performance to improve in the second half. <\/p>\n<\/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 On Growth Worries<\/a><br \/>\n<br \/>2022-08-23 09:25:21<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks were moving lower on Tuesday amid worries about rising inflation and its impact on economic growth. U.K. economic activity slowed slightly in August as manufacturers were pummeled by&#8230;<\/p>\n","protected":false},"author":2,"featured_media":25090,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-25089","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/25089","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=25089"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/25089\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/25090"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=25089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=25089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=25089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}