ftse-quoted companies: An FCA spokesman said As you would expect in this type of situation we have regular contact with firms and will continue to engage with them, according to The Guardian. Investors were offloading shares in FTSE-quoted companies with large domestic businesses and UK currency holdings in an effort to reduce their exposure to the British economy. The Financial Conduct Authority FCA is understood to have been in touch with stock exchanges, bigger banks, and asset management companies regarding market volatility. Royal Bank of Scotland was the biggest faller on the FTSE 100, with shares closing down 9.6% at 224p. Aston Martin ready to fly car parts to UK if Brexit deal collapses Read more Housebuilders Persimmon, Taylor Wimpey and Barratt Developments all closed down more than 7%, with Berkeley Group falling more than 6%. The four FTSE 100 housebuilders lost 1.6bn collectively from their market capitalisations. The market value of the bank, still 62% owned by the government, fell by 2.8bn in Thursday's sell-off.
(news.financializer.com). As
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Tagged under ftse-quoted companies, british economy topics.