Business | Business News The FTSE 100 has seen a flat start to 2024 as news of Britain’s worsening factory downturn signalled the economy has more hurdles to overcome in the New Year. The blue-chip index lost ground on Tuesday afternoon, the first full day of trading, after seeing a slight rise over 2023. It moved 11.72 points lower, or 0.15%, to close at 7,721.52. A new PMI survey from S&P Global and CIPS found the UK manufacturing industry contracted for the 17th month in a row in December, with confidence among businesses hitting a 12-month low. Engineering and industrial stocks were among the biggest fallers on the FTSE 100 on…
FTSE 100 sees flat start to 2024 as UK factory slump dampens New Year spirits
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