U.K. Stocks Slip on Spain Referendum Concern; Barclays Retreats

U.K. stocks retreated, following their biggest weekly gain this year, amid concern Spanish Prime Minister Mariano Rajoy’s government will have to manage increased calls for an independence referendum in Catalonia.

Barclays Plc slid 5.4 percent, the biggest drop on the FTSE 100 Index, after Qatar Holding LLC sold the last of the bank’s warrants it acquired during the financial crisis in 2008. Cranswick Plc jumped the most in almost four years after reporting its first-half results.