FTSE 100 Live: Stocks wallow as oil tops $100, UK consumer confidence falls

The FTSE 100 fell 16 points to 10,460 as oil climbed to $103 a barrel amid continuing Gulf tensions. UK borrowing also dropped to a four-year low, with the debt interest bill easing, offsetting some of the risk-off tone from higher energy prices and geopolitical stress.

Analysis

The FTSE 100 fell 16 points to 10,460 as oil climbed to $103 a barrel amid continuing Gulf tensions. UK borrowing also dropped to a four-year low, with the debt interest bill easing, offsetting some of the risk-off tone from higher energy prices and geopolitical stress.