FTSE 100 slides to a six-week low

From BBC - November 10, 2017

The UK market has ended the week at its lowest level for six weeks as retail shares continued to lose ground.

By the end of the day, the benchmark FTSE 100 share index had lost 51.11 points at 7,432,99.

Retail distribution group Bunzl was the biggest faller in the index, down more than 6%, after Morgan Stanley flagged up the risk to the company from Amazon's business-to-business venture.

Burberry shares fell again, dropping nearly 3%.

On Thursday, shares in the luxury fashion group had sunk 10% after it unveiled plans to move further upmarket.


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