The Independent

Retail stocks weigh on FTSE as high street downturn persists

Source: PA Wire

UK stock markets have started the week on the back foot with the FTSE 100 dragged lower by retailers as new figures showed shoppers continue to cut back.

The FTSE 100 moved 42.17 points lower, or 0.55%, closing at 7,640.33. Ocado Group tumbled by more than 8% during the day were among the day’s biggest fallers.

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