Business

Dixons Carphone drags down FTSE 100

Trader watching monitor Image copyright AFP

(Close): London's leading shares finished lower on Wednesday, with Dixons Carphone bearing the brunt.

The retailer saw its share price fall 6.6%, despite a rise in half-yearly pre-tax profits, as it warned that "more uncertain times" lay ahead.

The FTSE 100 index dropped 19 points or 0.3% at 6,949.

British Airways owner IAG also finished as one of the heaviest fallers after 2,000 cabin crew voted to take strike action in a dispute over pay.

One of the FTSE's biggest risers was software firm Micro Focus International, up 4.2% after reporting a jump in underlying first half-profit.

The company is in the process of buying Hewlett Packard Enterprise's software business for $8.8bn.

On the currency markets, the pound rose by 0.4% against the dollar to $1.2704 and edged up 0.1% against the euro to €1.1924.