A worker shelters from the rain as he passes the London Stock Exchange in the City of London at lunchtime October 1, 2008. — Reuters pic
The blue-chip FTSE 100 was down 0.2 per cent, with a 9.2 per cent plunge for British Airways-owner IAG putting the company on course for its worst day since March. The mid-cap FTSE 250 was off 0.5 per cent. EasyJet and Carnival were also among the biggest decliners on the FTSE 250, with the wider travel and leisure sector losing 2.4 per cent.
UK stock markets have rebounded sharply from a coronavirus-driven selloff in March as a raft of global stimulus and easing business restrictions fuelled optimism about a swift post-pandemic economic recovery.
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