The FTSE 100 index of leading UK company shares finished the week at 5,843.66, down 3.29 points or -0.06% on the day and down 146.92 points (-2.45%) over the week.
The market finished lower on Friday with investors nervous ahead of the results of the latest stress-test exercise for European banks.
Investor sentiment was also weakened when Standard & Poors joined Moody’s with a pessimistic outlook for the US economy.
Over a year the FTSE 100 has risen from 5,211.30 (up 632.36 points or 12.13%).
£1 is currently worth $1.61210 US or €1.13990 Euros.
Brent Crude Oil Futures is currently priced at $117.31/barrel. Gold is $1,587.00/ounce and Silver is $38.17/ounce.
The UK Bank Rate is 0.5% and CPI inflation was 4.2% for the year to June 2011.