{"id":129297,"title":"FTSE 100 Closes Lower as Budget Turmoil Shakes Markets","publisher":"Share Talk","author":"sharetalk","published":"2025-11-14T17:49:42+00:00","modified":"2025-11-14T17:56:58+00:00","canonical_url":"https://www.share-talk.com/ftse-100-closes-lower-as-budget-turmoil-shakes-markets/","markdown_url":"https://www.share-talk.com/ftse-100-closes-lower-as-budget-turmoil-shakes-markets.md","json_url":"https://www.share-talk.com/ftse-100-closes-lower-as-budget-turmoil-shakes-markets.json","category":"Blogs","categories":["Blogs","Business & Support Services","Technology","Technology, Media & Telecoms"],"tags":["AstraZeneca","BT","Diageo","Federal Reserve","FREE","FTSE 100","FTSE 250","FTSE100","Howden Joinery","ITV","National Grid","Sainsburys","Smith & Nephew","Tate & Lyle","Vistry","WISE"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/10/dreamstime_l_220888494-scaled-1.webp?fit=1200%2C650&ssl=1","format":"news","language":"en-GB","content":"The **FTSE 100** ended the session firmly in the red on Friday, closing **down 1.1% at 9,698.37 points**, as mounting uncertainty over the public finances rattled UK markets.\n\nLondon stocks wavered throughout the day after the Chancellor **backtracked on plans to raise income tax**, adding fresh doubts over the Government’s fiscal strategy and weighing heavily on investor sentiment.\n\n**Landsec** was among the worst performers, sliding **5.2%** after reporting a decline in the value of its assets per share. **Kingfisher**, the owner of B&Q, also struggled, falling **4%** amid the broader sell-off.\n\nGovernment borrowing costs surged, with **10-year gilt yields** jumping **13.6 basis points** to **4.57%**, reflecting investor nerves over the fiscal outlook.\n\nSterling weakened as well, dropping **0.5% to $1.31** and **€1.13**, adding further pressure to UK markets at the end of a turbulent trading week."}