FTSE 250 lags FTSE 100 as housebuilders pressured by mortgage drop
Mortgage approvals in the UK fell to 56,200 in May, their lowest since December 2023, down from 66,000 in April, Bank of England data showed. The FTSE 100 closed down 0.23% at 10,484.22, while the FTSE 250 dropped 0.57%. Babcock International fell 5.15%. Bridgepoint Group surged 16% after announcing a $1.39 billion U.S. real-estate deal.