BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - U.K. stocks were slightly lower on Wednesday after data showed the economy shrank at the fastest pace in seven months. Real gross domestic product fell 0.5
BRUSSELS/FRANKFURT/PARIS - U.K. stocks were slightly lower on Wednesday after data showed the economy shrank at the fastest pace in seven months.
The main contributor to the fall in GDP was a 0.5 percent drop in services output, which had increased 0.2 percent in June. Smith expects one more rate hike at next week's meeting, before a pause in November. The benchmark FTSE 100 was down 0.2 percent at 7,514 after rising 0.4 percent on Tuesday.
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