UK stocks opened slightly lower on Friday, as investors fretted over indications of higher-for-longer interest rates from major central banks a day after the Bank of England (BoE) paused rate hikes.
The exporter-heavy FTSE 100 slipped 0.1% in early trade in broad-based declines, while the mid-cap FTSE 250 was down 0.2%.
Investors have been worried after the BoE and the U.S. Federal Reserve held interest rates steady this week, but signalled elevated interest rates for longer.
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