Market Report - midday

London midday: Stocks down; sterling gains on reports Mahmood may become chancellor

By Michele Maatouk

Date: Thursday 16 Jul 2026

(Sharecast News) - London stocks were still weaker by midday on Thursday as investors digested the latest UK GDP data and a slew of corporate releases amid ongoing tensions in the Middle East, while sterling rallied on reports that Shabana Mahmood may become chancellor.
The FTSE 100 was down 0.3% at...

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