U.K. Stocks Drop to Five-Week Low as Greek Aid Decision Delayed

U.K. stocks slid to a five-week low, erasing earlier gains after a European Union official said a decision on unlocking funds for Greece may not be made until late November.

Balfour Beatty Plc sank the most in 14 years as the U.K.’s largest construction company said the outlook for profit margins has faded because of a lack of building work in Britain. G4S Plc declined the most in three months after losing a U.K. prison contract. BTG Plc jumped 7.6 percent after the drugmaker reported an increase in first-half earnings and revenue. Burberry Group Plc climbed 1.3 percent.