- UK Prime Minister Theresa May's proposed energy cap dragged on UK-listed energy giants British Gas owner Centrica (CNA) and SSE (SSE).

Shares in Centrica slumped 6.1% to 179.3p and SSE declined 3.2% to £13.67.

Another noticeable faller was Royal Dutch Shell (RDSB), down 0.9% to £23.24 after cancelling an asset sale in Thailand.

The FTSE 100 closed flat at 7,470.

There was a sustained rise in service sector output during September as the Purchasing Managers' Index ticked higher to 53.6, up from 53.2 in August according to Markit.

Brent crude oil was broadly unmoved at $56 per barrel. Gold nudged 0.2% higher to $1,274 per ounce and copper stood at $2.95 per pound.


On Wall Street, investors were raking in the profits following a series of record highs earlier this week. The Dow Jones was flat at 22,650 and the Nasdaq index fell 0.2% to 6,520 on Wednesday.


UK supermarket Tesco (TSCO) fell 3.2% to 183.9p despite reporting a 3.3% jump in sales to £25.2bn and resuming dividend payments.

Property investment firm CLS Holdings (CLI) confirmed the renewal of leases on 14 properties with the Secretary of State for Communities and Local Government. Shares in the company nudged 1.2% higher to 205.2p.


Motif Bio's (MTFB) positive results for its Phase III trial REVIVE-2 investigating the effects of iclaprim for patients with serious skin infections triggered a 21.2% rally to 44.5p.

Various delays on projects and from certain clients of Redhall Group (RHL) meant its full year results would be 'materially below expectations' and wiped off 15.7% of the company's value.

Tiles retailer Topps Tiles (TPT) shed 2.3% to 73p after warning that it expects profits for the full year to hit the low end of market expectations due to challenging market conditions.

Shares in Total Film publisher Future (FUTR) headed in the other direction, up 9.6% to 348.6p, after the company said it expects its full year results to exceed expectations.

Credit provider International Personal Finance (IPF) warned that proposed changes to the Polish corporate income tax rate would push up its tax bill for activities in that country. The firm estimated that the changes would result in a one-off accounting charge of up to £30m in 2017, which concerned investors as the stock dropped 11.1% to 187.8p.

Story provided by