Why is ftse down today

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Why is the FTSE down today? By Bradley Gerrard. The index is now near the 7, mark, a level last seen towards the end of July. A recent survey found that more British manufacturers plan to raise their prices than at any other point in the past three decades, as cost pressures continue to build.

Inflation fears rising on the back of soaring energy costs, supply side and labour shortages have weighed on equities, as central banks look to pull back their pandemic era monetary support and hike rates to relieve cost pressures. Banking stocks. FTNMX gained 1. L led the pack after UBS raised its price target and upgraded the stock to "buy" from "neutral". Chrome Safari Firefox Edge.

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