FTSE 100 Falls 1.1% Amid Ceasefire Jitters

FTSE 100 dropped 1.1% as geopolitical uncertainty over US‑Iran talks and a looming ceasefire deadline weighed on sentiment.
British Land lifted FY2027 EPS guidance to at least 30.5p, citing strong AI‑driven office leasing demand and near‑capacity occupancy.
Associated British Foods announced demerger of Primark retail arm from its food business, planning separate London listings for both entities.
Crest Nicholson cut FY earnings outlook to £5‑15 million from £43.7 million consensus, citing weaker macro conditions, softer demand and higher‑for‑longer rates.