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UK Shares Slump as Heathrow Shutdown Disrupts Airline Stocks

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(Reuters) - UK shares fell on Friday, with travel and leisure stocks sliding as a major power outage at Heathrow Airport caused widespread travel disruptions. The blue-chip FTSE 100 was down 0.46%, but remained on track to clock a slight gain this week after two consecutive weeks of losses.
The article from MSN discusses the significant impact of a shutdown at Heathrow Airport on UK shares, particularly affecting airline stocks. The shutdown, caused by a technical issue with the UK's air traffic control system, led to widespread flight cancellations and delays, severely disrupting travel plans during a busy holiday period. This event caused a notable slump in shares of major airlines like British Airways, EasyJet, and Wizz Air, as investors reacted to the potential financial losses from grounded flights and the broader implications for the travel industry. The article highlights the vulnerability of airline stocks to operational disruptions and the ripple effects on the broader market, with shares in related sectors like travel agencies and airport services also experiencing declines.

Read the Full Reuters Article at:
[ https://www.msn.com/en-gb/money/other/uk-shares-slump-as-heathrow-shutdown-disrupts-airline-stocks/ar-AA1BnIEl ]