British stocks fall as investors await updates on post-lockdown restrictions
British stocks fall as investors await updates on post-lockdown restrictions
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British stocks declined in choppy trading on Thursday as concerns over a resurgence in covid-19 cases held gains in check, while investors also maintained a cautious stance awaiting details on post-lockdown restrictions in England.

 The blue-chip FTSE 100 index inched 0.1 percent lower, dragged by energy and banking stocks, while the domestically focussed mid-cap FTSE 250 lost 0.2 percent.

Health secretary Matt Hancock will notify the parliament later in the day which of three tiers, ranging from the lowest at tier 1 to 3, each English local authority will fall under when the national lockdown ends next week.

The UK recorded 18,213 new COVID infections on Wednesday and 696 deaths, its highest daily death figure since May 5. Amigo Holdings Plc tumbled 7.5 percent after the subprime lender reported a 36.5 percent slump in first-half revenue and flagged material uncertainty about its future operations.

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