15 May 2026, 22:02  United Kingdom: FTSE 100 Falls 2%

The FTSE 100 plunged 2% on Friday as investors reacted to a mix of concerns over rising inflation, interest rate uncertainty and mounting political tensions in the UK. UK markets underperformed amid speculation that Greater Manchester Mayor Andy Burnham could launch a challenge for the top job in Westminster, adding to political uncertainty. Mining and banking stocks led the selloff, with Fresnillo and Antofagasta tumbling more than 10%, Anglo American falling 6.3% and Endeavour down 7.3%, while Glencore and Rio Tinto lost more than 3.5%. Banking shares were also under heavy pressure, with HSBC declining 2.5%, Lloyds and Barclays dropping more than 3%, and NatWest and Standard Chartered losing over 1.5%. Centrica slumped 7% after agreeing to pay

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