UK shares dropped on Friday, with both the blue-chip and midcap indexes set for weekly declines, as growing uncertainty around U.S. trade policy kept investors cautious on equities. The blue-chip FTSE 100 dropped 0.

A de-stabilised view of the US dollar has helped propel the pound higher again today and towards its best week since November 2022. Still, it’s not benefitted from the renewed spending push on defense as much as the euro.

(Reuters) -British stocks ended mostly lower on Friday, as gains in heavyweight oil and gas company shares were offset by worries about the impact of U.S. trade policies on global economic growth. The blue-chip FTSE 100 ended flat but posted a 1.