The FTSE 100 moved 0.2%, or 14.83 factors, decrease to complete at 7,437.93.
Michael Hewson, chief market analyst at CMC Markets UK, blamed the “disappointing” service business PMI information for early weak spot, earlier than the principle indexes lowered their losses.
“The biggest losers today have been in the retail sector after JPMorgan Chase cut its ratings on the likes of Tesco, B&M, and the rest of the grocery sector on expectations that falling food prices will start to impact on retailer margins”
