UK Shares Dip as British Inflation Data Reignites Taper Fears

uk shares dip as british inflation data reignites taper fears

Sumary of UK Shares Dip as British Inflation Data Reignites Taper Fears:

  • The blue-chip index slipped 0.1%, with food delivery company Just Eat Takeaway.
  • com dropping 3.5% to the bottom of the index following a media report that Amazon and rival Deliveroo will offer free delivery to prime subscribers in the UK. Deliveroo shares were up 0.9%.
  • Losses in the index, however, were limited by decent gains by heavyweight oil majors BP, Royal Dutch Shell and life insurers.
  • The domestically focused mid-cap FTSE 250 index declined 0.3%.

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