London fell 0.53% amid mixed British economic data

London, September 7 (EFE). – The London Stock Exchange fell 0.53% on Tuesday amid an environment of caution due to mixed economic data in the United Kingdom, as Boris Johnson’s Conservative government also announced its intention to raise taxes to fund health and social care reform.

London’s main index, the FTSE-100, lost 37.81 points to 7149.37 integers, weighed down by companies from various sectors, including drugmaker AstraZeneca, which fell 2.02%.

Investors are weighing developments in the British economy amid signs of a recent slowdown in the housing and retail markets.

They also analyze the impact of the executive branch’s announcement that it hopes to increase corporate and employee contributions to Social Security to fund aged care reform.

Property developer Berkeley Group Holdings led losses in London, falling 2.96%, while online supermarket Ocado lost 2.58% and insurance company Legal & General closed 2.40% lower.

They acquired the ground, among others, engineering group Smith, which rose 2.80%, Whitbread, hospitality, which advanced 2.39%, and real estate Right Move, which ended up 1.20%. EFE

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