British equities slipped on Friday, as renewed trade tensions after US President Donald Trump recommended a 50 per cent tariff on goods from the European Union overshadowed positive UK economic data.
Sterling traded at its highest in over three years, adding pressure to the UK’s export-heavy benchmark share index. The FTSE 100 slipped 0.2 per cent, though it notched a second weekly gain.
However, the blue-chip index fell less sharply than its European peers as Britain is no longer an EU member following the Brexit referendum in 2016 and the country also clinched a…
