News

Pound breaches $1.40 as FTSE slides to six-day low

Investors grow confident London and Brussels will agree on a Brexit transition deal in coming months

Pound breaches $1.40 as FTSE slides to six-day low

UK stocks headed lower on Wednesday, with big multinationals leading the charge south as a rally in the pound spooked investors out of companies that generate most of their revenue abroad, MarketWatch reports.

What are markets doing? The FTSE 100 index dropped 0.3% to 7,711.89, setting the benchmark on track for its lowest close since last Thursday.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump