MT Newswires -ShutterstockBritish equities wrapped up the week on a downbeat note, with the FTSE 100 falling 0.27% on Friday's close, as investors assessed a fresh batch of corporate earnings and deal activity. On the other hand, International Consolidated Airlines Group (IAG.L), d/b/a IAG, closed 1.53% in the red after posting a lower profit for the first half. "Market activity and house prices have remained soft in recent months, in part reflecting the uncertain economic backdrop. Geopolitical tensions remain high, with the conflict between Iran and the US again exerting upward pressure on energy prices and market interest rates in recent weeks. Meanwhile, the US Senate rejected a resolution that sought to limit President Donald Trump's authority over military action against Iran.