Market report: Lower oil prices weigh on Footsie as better GDP data is shrugged off

Susannah Streeter
  • FTSE 100 falls back in early trade as lower crude prices weigh on energy giants.
  • UK growth snapshot comes in better-than-expected but could fizzle out.
  • Businesses appear to have brought forward spending due to tariff threats.
  • Brent Crude falls more than 3% to below $64 a barrel as an Iran US deal is eyed.
  • ITV investors unimpressed with snapshot, despite better Studios performance.

Susannah Streeter, head of money and markets, Hargreaves Lansdown:

‘’The FTSE 100 is on the back...

https://allaboutshipping.co.uk/2025/05/15/market-report-lower-oil-prices-weigh-on-footsie-as-better-gdp-data-is-shrugged-off/

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