Oil prices weigh on London stock market

The FTSE 100 closed at 7,535.46.

Sterling staged a tentative recovery (Dominic Lipinski/PA)

By PA City Staff

London stocks were down on Wednesday as oil prices took a hit, while the pound staged a tentative recovery from the previous day’s drop.

The FTSE 100 was 0.55% lower, shedding 41.74 points to close at 7,535.46.