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Live News EQUITY ARTICLE M impact

London Stocks End Week Lower as Oil Hits Five-Month High

The FTSE 100 closed 0.3% lower at 10,690.36 points on Friday, snapping a two-week winning streak. Oil prices were at more than five-month highs ahead of next week’s budget.

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Britain's FTSE 100 snapped a two-week winning streak on Friday, as oil prices at over five-month highs weighed on risk appetite, ahead of finance minister John Healey's first budget next week.The blue-chip FTSE 100 index CURRENCYCOM:UK100 closed 0.3% lower at 10,690.36 points. The midcap FTSE 250 F…