UK Markets Daily: FTSE 100 Closes Down 1.7% on Thursday 1 October 2026
The FTSE 100 fell 1.7% to 10,428 on Thursday 1 October as UK equities slid, Brent crude dropped 2.2% and gold held firm above $4,190 an ounce.
UK finance guides on money management, budgeting, interest rates, loans, credit scores, savings and tax. Practical articles to help you manage money better.

The FTSE 100 fell 1.7% to 10,428 on Thursday 1 October as UK equities slid, Brent crude dropped 2.2% and gold held firm above $4,190 an ounce.

APR explained: representative rates, how interest is calculated, minimum payments, and Section 75 protection.

0% purchase cards explained: interest-free periods, how they differ from balance transfers, and when they beat BNPL.

Balance transfer cards explained: 0% periods, transfer fees, and the traps to avoid.

First-time buyer guide: how much deposit you need, current schemes including the new Your First Home plan, and the steps to buy.

Stamp duty rates for 2026/27: the £125,000 threshold, first-time buyer relief to £300,000, and worked examples.

Remortgaging explained: when to start, product transfer vs new lender, early repayment charges, and how long it takes.

How much should your emergency fund hold? MoneyHelper’s 3–6 month rule, where to keep it, and how to build it from scratch.

Easy-access or fixed-rate savings? How they differ, what AER means, and how the 3.75% base rate feeds into your choice.

Cash ISA or stocks and shares ISA? How the £20,000 allowance works, the April 2027 cash ISA cap, and which suits your money.