georgemiller
Publish Date: Mon, 22 Dec 2025, 11:49 AM

- FTSE 100 down 0.4%, FTSE 250 down 0.3%
- UK GDP grew just 0.1% in Q3; Q2 revised lower to 0.2%
- Consumer staples and beverage stocks lead losses
- Precious metals & mining index gains on gold price surge
Dec 22 (Reuters) - UK stocks edged lower on Monday after three straight days of gains at the start of a holiday-shortened week, as the latest data confirmed Britain's economy grew at a sluggish pace last quarter.
The UK's blue-chip FTSE 100 (.FTSE) , opens new tab was down 0.4% at 1121 GMT amid quiet trading, while the domestically focussed midcap FTSE 250 (.FTMC) , opens new tab index eased 0.3% from a seven-week high.
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Official data showed GDP grew just 0.1% in the third quarter, in line with estimates, with April-June growth revised down to 0.2% from 0.3%. The figures suggest higher taxes and sticky inflation are weighing on activity, despite increased household spending and reduced savings.
The slowdown raised concerns about consumer resilience and corporate earnings heading into 2026.
Among sectors, consumer staples lagged. Beverage stocks (.FTNMX451010) , opens new tab led losses, down 2.6%, with Coca-Cola UK (CCEPC.L) , opens new tab falling 2.1%. The personal care, drug and grocery sub-index (.FTNMX452010) , opens new tab fell 1%, with Ocado Group (OCDO.L) , opens new tab sliding 3.3% and Tesco (TSCO.L) , opens new tab down 1.3%.
Gold miners kept losses in check as Rio Tinto (RIO.L) , opens new tab, Glencore (GLEN.L) , opens new tab, Endeavour Mining (EDV.L) , opens new tab and Fresnillo (FRES.L) , opens new tab benefited from gold surging above $4,400 an ounce for the first time.
Despite Monday's dip, the FTSE 100 is on track for its best year since 2009 with a 20.6% year-to-date climb, buoyed by defence and financial stocks.
By comparison, Wall Street's benchmark S&P 500 index (.SPX) , opens new tab has risen 16% so far.
Among individual stocks, North Sea-focused Harbour Energy (HBR.L) , opens new tab was down 4.7% after the company said it would buy deepwater oil and gas exploration and production company LLOG Exploration for $3.2 billion.
AstraZeneca (AZN.L) , opens new tab was down 0.6% after a late‑stage trial testing its blockbuster therapy Imfinzi in combination with its experimental drug ceralasertib failed to improve the overall survival of patients with advanced lung cancer.
Trading volumes usually taper off toward year-end with traders away on holidays and markets closed on December 25 and December 26 for Christmas and Boxing Day, respectively.
https://www.reuters.com/business/retail-consumer/london-stocks-dip-gdp-data-confirms-slow-growth-ahead-holidays-2025-12-22/