FTSE LIVE: Sterling cowers as the risk of no-deal Brexit looms up; Balfour Beatty started destroying goals; British stocks slide in red at the bell
- The pound has lost its winnings on Thursday as May fights to penetrate to the EU
- Balfour Beatty's results for the whole year will break goals thanks to a strong December
- The FTSE 100 raises about 60 points on the open and decreases by 0.8% to 6,818.59
The pound returned from one day to the next, dropping to 1.2613 against the dollar, when Prime Minister Theresa May did not appear to be making progress in Brussels that renegotiated its Brexit deal. Fear of a no-deal Brexit will probably weigh on the currency today.
Meanwhile, the UK's largest construction company, Balfour Beatty, said the annual performance would exceed expectations because of an additional storage facility in December.
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