Finance
FTSE 100 marks worst week of year amid tariff whiplash
Published by Global Banking & Finance Review®
Posted on March 7, 2025
2 min readLast updated: January 25, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 7, 2025
2 min readLast updated: January 25, 2026
FTSE 100 experiences its largest weekly drop of the year due to tariff concerns, with market volatility impacting British stocks and economic growth.
(Reuters) -British stocks ended mostly lower on Friday, as gains in heavyweight oil and gas company shares were offset by worries about the impact of U.S. trade policies on global economic growth.
The blue-chip FTSE 100 ended flat but posted a 1.4% weekly drop, its biggest so far this year.
The midcap FTSE 250 index dipped 0.2%, and recorded its third consecutive week of declines.
Investors were on edge after the latest flip-flop in U.S. trade policy, when President Donald Trump suspended tariffs on Canada and Mexico on Thursday that he had imposed only two days earlier, driving up market volatility.
Meanwhile, a bond selloff sparked by Germany's plan for a massive shift to higher spending eased on the day, with the UK's 10-year government bond yield pulling back from a one-month high.
The UK's oil and gas sector gained 0.9% after the Russian Deputy Prime Minister suggested that OPEC+ could reverse its output increase after April. [O/R]
Heavyweight Shell and BP gained about 1% each.
Schroders fell 5% reversing some of Thursday's 12.6% gains, as the British money manager unveiled plans for cost reductions.
Burberry tumbled 6.8%, dragging down the personal goods sector, as worries about the economic impact of tariffs weighed on Europe's luxury stocks.
Just Group slumped 9.6% after the insurer missed estimates for pre-tax profit and tangible net asset value.
(Reporting by Lisa Pauline Mattackal and Sanchayaita Roy; Editing by Vijay Kishore)
The FTSE 100 ended flat but posted a 1.4% weekly drop, marking its largest decline so far this year.
Investors were concerned about the impact of U.S. trade policies on global economic growth, especially after President Trump suspended tariffs on Canada and Mexico.
The UK's oil and gas sector gained 0.9%, driven by comments from the Russian Deputy Prime Minister about potential changes in OPEC+ output.
Schroders fell 5% after announcing cost reductions, while Burberry tumbled 6.8% due to concerns about tariffs affecting luxury stocks.
A bond selloff sparked by Germany's spending plans eased, with the UK's 10-year government bond yield pulling back from a one-month high.
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