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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Pound falls further, index closed down 0.4%, Ocado tumbles, Flutter in £123m acquisition

Interest Rates United Kingdom United States

Revised bets on interest rates in the UK and US today kept sterling under pressure.

The pound is below $1.22 for the first time since March, undone by recent hawkish Federal Reserve comments and last week’s surprise interest rates hold by the Bank of England.

Stocks in focus today include holidays business Saga and Flutter Entertainment after it spent £123 million on a Serbian betting firm.

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