UK 100 slips 0.7% as mixed earnings weigh ahead of BoE, Fed calls

London stocks extended losses on April 29, 2026, with the UK 100 down 0.7% by 09:50 GMT, marking its seventh decline in eight sessions amid a mixed earnings backdrop. AstraZeneca and GSK dropped 1.4% and 2.1% respectively despite quarterly profit beats but unchanged full-year guidance, while Lloyds fell 1.4%; DCC bucked the trend, surging 16% on takeover review news. Investors remain cautious over US-Iran tensions, eyeing Bank of England rate hold, Fed meeting, and US megacap earnings for direction.