BRITISH STOCKS FALL FOR 4TH STRAIGHT SESSION AS RATE CUT PUSH BACK WEIGHS

London's FTSE 100 slipped on Friday, falling for the fourth straight session, as receding expectations of interest rate cuts across major economies and political uncertainty ahead of the general elections at home weighed on investor sentiment. The blue-chip FTSE 100 index dipped 0.3%, in its longest losing streak since February.

However, the domestically-focused FTSE 250 mid-cap index ended 0.7% higher, snapping three sessions of declines. The utilities sector fell for a second consecutive session and closed down 3.3%, dragged by infrastructure firm National Grid which lost 3.7%.

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