Banks, telecoms weigh on FTSE 100; focus on US-Iran talks

The UK's FTSE 100 edged ​lower on Tuesday as banks and telecoms stocks ​retreated, while investors awaited potential US-Iran ‌talks after ​signs of improved oil flows in the Strait of Hormuz.

The blue-chip FTSE 100 index fell 0.29% to 10,708.33 points, while the midcap FTSE ‌250 climbed 0.14%. (Reported by Anand Gopal in Bengaluru; Editing by ​Leroy Leo and Alexander Smith)