Economics

U.K. Stocks Fall as Passenger Jet Shot Down Over Ukraine

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U.K. stocks fell the most in a week as the U.S. and the European Union imposed additional sanctions on Russia and a Malaysian passenger jet was shot down in the Donetsk region of eastern Ukraine.

BP Plc lost 1.9 percent after the U.S. Treasury Department stopped OAO Rosneft, which is part owned by Europe’s third-largest oil producer, from accessing America’s capital markets. Mothercare Plc plunged 8.8 percent after the retailer said sales dropped in its domestic market. ITV Plc jumped the most in a year and a half after cable TV company Liberty Global Plc bought a minority stake in the commercial broadcaster.