/cloudfront-us-east-2.images.arcpublishing.com/reuters/X3WLUJUVTNLV3O5IEMT6Y5STWI.jpg)
The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo
Oct 29 (Reuters) – UK shares tracked global markets lower on Friday, with anxiety over potential interest rate hikes and a slide in state-backed bank NatWest dragging down the blue-chip FTSE 100.
NatWest (NWG.L) fell 4.2% even as its third-quarter profit tripled. However, the bank took a 294 million pound charge which included a provision for an expected fine for money laundering failings. read more
The FTSE 100 index (.FTSE) was down 0.3% at 0727 GMT, with drugmaker Astrazeneca (AZN.L) and miners Glencore (GLEN.L) and Rio Tinto (RIO.L) among the worst performers.
Glencore (GLEN.L) dropped 0.1% after reporting a 9% drop in coal output in its third-quarter production report. read more
The domestically focussed mid-cap index (.FTMC) fell 0.2%.
Reporting by Bansari Mayur Kamdar in Bengaluru; Editing by Subhranshu Sahu
Our Standards: The Thomson Reuters Trust Principles.
