Reuters hit FTSE 100 and telecommunications group BT hit Altice’s stock survey

(Reuters)-The UK’s top share index was almost flat on Thursday, with BT Group (LON :) falling into the news that the UK government was set up to investigate investment in Altique UK’s telecommunications group. Concerns about economic growth are holding back the global mood.

Best-in-class stocks were flat at 0715 GMT, while those focused domestically were up 0.1%.

Despite rising Wall Street closing prices, Asian stock markets fell due to concerns over China’s growth and the Fed’s attempt to tighten policy quickly. [MKTS/GLOB]

BT, the UK’s largest broadband and mobile provider, fell by almost 5%, while water company United Utilities fell 6% after full-year revenue reporting.

JD Sports Fashion, the UK’s largest sportswear retailer, said its internal governance and controls weren’t keeping up with the company’s growth, down 1.6% after expelling long-time executive Peter Cowgill.