FTSE 100 Live: UK growth in focus, takeover Thursday for Rotork, Gooch and Ramsdens

FTSE 100 fell 39 points to 10,477 alongside UK GDP showing 0.8% three-month growth. Rotork, Gooch & Housego, and Ramsden’s agreed to takeovers (including deals involving Experian and Ocado), but Experian and Ocado shares moved lower after the news. Overall read-through is cautious as the market reacts to deal developments despite solid GDP momentum.

Analysis

FTSE 100 fell 39 points to 10,477 alongside UK GDP showing 0.8% three-month growth. Rotork, Gooch & Housego, and Ramsden’s agreed to takeovers (including deals involving Experian and Ocado), but Experian and Ocado shares moved lower after the news. Overall read-through is cautious as the market reacts to deal developments despite solid GDP momentum.