The UK FTSE 100 index fell on Friday, mainly affected by the resurgence of global trade tension before the July 9 tariff deadline. US President Trump announced that unilateral tariffs ranging from 10% to 70% will be imposed on trading partners starting August 1. The real estate sector led the decline. MJ Gleeson issued a profit warning for the second time in a month due to factors such as weak demand, stagnant prices, and delays in planning. Barratt Redrow, Berkeley, Persimmon, and Taylor Wimpey shares fell between 1.5%-2.5%. Mining stocks Antofagasta, Anglo American, and Glencore were dragged lower by falling copper prices.

The UK FTSE 100 index fell on Friday, mainly affected by the resurgence of global trade tension before the July 9 tariff deadline. US President Trump announced that unilateral tariffs ranging from 10% to 70% will be imposed on trading partners starting August 1. The real estate sector led the decline. MJ Gleeson issued a profit warning for the second time in a month due to factors such as weak demand, stagnant prices, and delays in planning. Barratt Redrow, Berkeley, Persimmon, and Taylor Wimpey shares fell between 1.5%-2.5%. Mining stocks Antofagasta, Anglo American, and Glencore were dragged lower by falling copper prices.