FTSE 100 down 0.2% on Euro data

FTSE 100 fell 0.2% as euro‑zone composite PMI slipped to 48.6, signalling contraction and rising inflation pressures.
UK flash PMI rose to 52, driven by manufacturing at 53.6, but input costs surged fastest since Nov 2022, hurting confidence.
Middle East tensions escalated after US‑Iran naval operations continued, straining oil routes and prompting travel‑related concerns for retailers.
LSEG expects revenue growth at top of 6.5‑7.5% range after Q1 profit rose 9.8%; Sainsbury’s forecasts 2026/27 profit £975‑1.08 bn.