(Bloomberg) -- The U.K.’s supply-chain crisis, spiraling energy costs and limp economy are taking a toll on investor sentiment. Both the pound and FTSE 100 Index have trailed market benchmarks since June, and derivatives show that bearishness is now seeping through investor consciousness. Hedge fund positioning in pound options and futures turned net short for the first time since December, when the U.K. was mired in bitter exit negotiations with the European Union. The worry bubbling up from mo
(Reuters) -UK shares climbed on Friday, lifted by banks and travel stocks, as concerns about a sooner-than-expected policy tightening by the Bank of England eased after British retail sales fell unexpectedly in August.
Retail sales last month fell to a surprise 0.9% slump, as people spent less in shops and instead returned to restaurants and pubs, the Office for National Statistics (ONS) revealed.