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UK firms report weaker trading ahead of autumn budget, stock market dips amid global economic uncertainty.
UK businesses across property, consumer, and industrial sectors are reporting weakened trading due to uncertainty over the upcoming autumn budget, with firms like Foxtons, Taylor Wimpey, and Grafton citing cautious consumer and investor behavior.
The FTSE 100 fell to its worst level since April, dragged down by declining mining and tourism-related stocks, while some companies like Domino’s and British American Tobacco held firm.
Market volatility persists amid global economic concerns, including U.S. monetary policy uncertainty, delayed data, and weak sentiment in tech and crypto sectors.
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Las empresas del Reino Unido informan de operaciones más débiles antes del presupuesto de otoño, las bolsas de valores caen en medio de la incertidumbre económica global.