UK equities mixed as investors assess corporate earnings amid fiscal worries

Reuters
2025.09.23 16:47
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UK equities ended mixed as investors evaluated corporate earnings amid concerns over potential tax hikes. The FTSE 100 fell 0.04%, while the FTSE 250 rose 0.5%. Key highlights include Kingfisher's 14.6% surge after raising its profit forecast, and Serco's 4.7% increase following a $972 million contract with the US Air Force. However, the broader healthcare sector declined 1.7%, with Oxford BioMedica down 6.5%. Overall, British business activity showed signs of slowing, raising concerns about future economic confidence.