UK exports to Middle East tumble as Iran war hits economy – business live

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UK urged to deploy EU-style ‘trade bazooka’ against Trump’s tariffs

Britain’s main stock index has dropped to its lowest level in almost a month, on a busy morning for corporate news.

The FTSE 100 share index dropped by 52 points, or 0.5%, in early trading to 10,280 points, its lowest level since 1 April.