The FTSE 100 index of leading UK company shares finished the week at 5,881.37, down 83.71 points or -1.4% on the day and down 14.88 points (-0.25%) over the week.
The markets fell further on Friday afternoon as positive US economic data failed to improve sentiment. Figures in the UK showing that consumer confidence had fallen in January, prompted by the rise in VAT, pushed markets lower.
Over a year the FTSE 100 has risen from 5,145.70 (up 735.67 points or 14.3%).
£1 is currently worth $1.58600 US or €1.16520 Euros.
Brent Crude Oil Future is currently priced at $99.31/barrel. Gold is $1,319.00/ounce and Silver is $26.68/ounce.
The UK Bank Rate is 0.5% and CPI inflation was 3.7% for the year to December 2010.