UK stocks are trading lower this morning, with the FTSE 100 on track for its worst weekly performance in over a year as escalating Russia-Ukraine crisis kept investors on the edge.
The blue-chip index is down 1 per cent after reports of a fire near Ukraine's Zaporizhzhia nuclear power plant, the largest of its kind in Europe, following fighting with Russian forces sent investors scrambling for safety. However, losses on the commodity-heavy index are smaller than European peers as stronger metal prices cushioned the impact on the benchmark index.08:33, surging bills and domestic and global economic headwinds will 'put the brakes' on rampaging property price growth in Britain this year, according to Zoopla.
By December, Zoopla expects property price growth in Britain to have fallen to 3.5 per cent, down from 7.8 per cent last month.
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Shares tumble after attack on Ukraine nuclear plant – business liveIEA head says he is ‘deeply concerned’ about the situation, as commodity prices continue to surge
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