Investors' focus over the coming week would be on a raft of Purchasing Managers surveys due out in many of the world's largest economies, including those of China, the euro area, UK and US.
A top US central bank official said a little more remained to be done with interest rates in order for inflation to be brought under control.
European shares fell into the red on Friday as hotter-than-expected readings on US inflation stoked a risk-off environment.
Dame Angela Strank picked up some shares in the engineering group alongside the company's latest full-year results.
New home selling activity in the US picked up at the start of 2023, but some economists believed the burst of activity would prove short-lived.
London stocks had swung into the red by the close on Friday, as investors digested a key US inflation reading and mulled a better-than-expected UK consumer confidence survey.
The FTSE 100 ended the week down 1. 57%, or 125. 7 points, closing at 7,878. 66 on Friday.
Bermuda-based financial services firm Apex Group is reportedly the latest suitor to emerge as a contender to swoop on parts of beleaguered asset management consultancy MJ Hudson.
AIM-listed BlueRock Diamonds said on Friday that it has requested its shares be suspended from trading "due to financial uncertainty" after its principal operating subsidiary, Kareevlei Mining, was placed into business rescue.
American consumers splashed out with abandon at the start of 2023.
Belluscura announced on Friday that its ‘X-PLOR’ portable oxygen concentrator (POC) was now available in the US through GoodRx, making it the first medical device in its field marketed through the digital healthcare platform.
Live Company Group updated the market on Friday on the ‘Formula E’ race due to take place this weekend in Cape Town, South Africa.
Oracle Power announced on Friday that its subsidiary Oracle Energy has joined Dii Desert Energy as an associate partner.
Consumer confidence in the US improved for a third consecutive month, boosted by an improved short-run outlook for the economy, the results of a closely followed survey revealed.
IOG announced the retirement of its chair Fiona MacAulay on Friday, as she had chosen not to stand for re-election as a director at its 2023 annual general meeting.
London’s FTSE 100 was down 0. 4% at 7,879. 46 in afternoon trade on Friday.
FTSE 250: 19,743. 28, -0. 24% at 1440 GMT.
Circle Property announced the conditional exchange of contracts to sell Concorde Business Park in Maidenhead on Friday, for £12. 3m to Skelton Developments Nottingham.
Peel Hunt analysts described International Consolidated Airlines Group's latest full-year figures as "positive all around" but stuck to their 'hold' recommendation on the shares and 135. 0p target price.
Relief from months of railway strikes and industrial action looked to be on the horizon on Friday, as members of the TSSA union accepted offers from train operators.
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