The FTSE All-Share Index fell 1.7% in sterling terms during September. The UK economy grew 6.6% in July, its third consecutive month of expansion, though output remained well below pre-Covid-19 lockdown levels. The Bank of England warned it could take the economy longer to recover than previously forecast. Faced with rising Covid-19 infections, the UK authorities brought in fresh restrictions, while advising people to once again work from home where possible. Although the UK agreed a free trade deal with Japan, it was at loggerheads with the EU on post-Brexit trade terms, with the UK government proposing legislation to override elements of the EU withdrawal agreement. In terms of sectors, forestry & paper (12.2%) and leisure goods (10.9%) outperformed, while oil & gas producers (-13.1%) and oil equipment, services & distribution (-17.8%) lagged.