FTSE 100 Live: Stocks to slip; economy tipped to shrink

Welcome back to City AM‘s FTSE 100 live blog.

Stocks are set to slip on Thursday morning despite a strong close yesterday for the UK’s blue-chip index. The ONS will reveal the rate of GDP growth for August this morning, which economists expect to reveal that the economy has shrunk.

Stick with us throughout the day for the latest news from the London Stock Exchange and the wider business world, as soon as we get it.

Here’s a few of our top headlines this morning:

• Healey told to cut employment taxes and energy bills to boost business
• London listings fall to lowest levels since 2023
• Banks of England chief economist ‘sceptical’ of markets’ interest rate expectations
• Tories to warn Burnham on ‘bending to left’ on bank tax raid
• Benefits and pensions for foreign nationals ‘cost £23bn’