Market Report - opening

London open: FTSE and pound fall, borrowing costs rise as Burnham eyes Westminster return

By Michele Maatouk

Date: Friday 15 May 2026

(Sharecast News) - London stocks slumped in early trade on Friday, along with the pound, while borrowing costs shot higher as investors reacted to the prospect of Andy Burnham's potential return to Westminster.
At 0825 BST, the FTSE 100 was 0.7% lower at 10,303.01, while sterling was down 0.3% against the...

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