Key facts
- The FTSE 100 is anticipated to open lower on Thursday.
- Official figures are expected to show a contraction in UK GDP for August.
- The ONS will release the GDP growth rate for August.
The FTSE 100 is poised for a decline on Thursday morning, despite a strong performance by the UK's blue-chip index in the previous session. The Office for National Statistics (ONS) is set to release the Gross Domestic Product (GDP) growth rate for August. Economists widely anticipate that these figures will indicate a contraction in the UK economy, signaling potential headwinds.
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