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Evening Standard
Evening Standard
Business
Michael Hunter and Simon Hunt

FTSE 100 Live 27 June: Stocks slip; Bank of England eyes asset prices

London’s main stock index slipped in closing trade, as dollar earners and companies trading without further rights rot dividend payments fell.

Meanwhile. the Bank of England’s latest Financial Stability Report has revealed the watchdog remains on alert over high asset prices.

The retail sector was in focus after results by Halfords, Currys and Watches of Switzerland.

The City has also heard from outsourcing firm Serco, which upgraded its profit guidance.

With key US inflation data due tomorrow, traders were also getting ready to tune into signals for signs on the timing of a rate cut from the Federal Reserve.

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