UK stocks fall as interest rate hikes and inflation worries hit; Wizz Air suffers from a grim outlook

London’s blue-chip index slipped on Wednesday on worries that aggressive policy tightening by central banks will stifle global growth, while Wizz Air fell after the budget airline forecasted a first-quarter operating loss.

The FTSE 100 was down 0.1%, with banks and miners among the biggest drags, with investors nervous about how the slowdown will affect borrowing.
The midcap index is down more than 13.4% this year, while the blue-chip index has edged up 2.7%.
Wizz Air (WIZZ.L) fell 9.5% after it said it was suffering significant costs from cancellations and hiccups at airports, especially in the UK.

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