FTSE 100 falls below 7,000 for first time since July
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “While we’ve seen an afternoon sell off, with basic resources and industrials getting hit the hardest, some sectors have managed to outperform with the travel and leisure sector leading the gainers.” Airlines and hotel groups enjoyed strong growth on hopes the UK Government will simplify travel restriction classifications. The increased offer of £66.6 million was said to remain too low by the company’s board and Good Energy said Ecotricity was an “unfit owner”, advising shareholders to reject it. Infrastructure investment firm Pennon faced a setback in its attempts to buy Bristol Water, as the Competition and Markets Authority said it would launch an investigation into whether the deal could reduce competition.