Investors' attention will be squarely on the UK Spending Review on Wednesday and updated economic forecasts from the Office for Budget Responsibility.
European shares powered ahead on Tuesday, driven by Covid-19 vaccine hopes, optimism around the transition of the US presidency and takeover news in Scandinavia.
Wall Street stocks closed sharply higher on Tuesday after the Trump administration finally signalled its willingness to begin the transition process.
London equity markets finished firmer on Tuesday, with sentiment boosted after Donald Trump authorised President-elect Joe Biden's official transition process to begin, and following reports that former Federal Reserve chair Janet Yellen is in line to be the next US Treasury Secretary.
Analysts at Canaccord Genuity upped their rating on software outfit Eckoh to 'buy' on Tuesday after the group turned in a strong first-half performance despite Covid-19 impacts.
Britain and Europe's automobile industry could yet be dealt another severe blow if Brussels and London cannot reach a Brexit deal and weaken the sector's ability to keep pace with the revolution towards green technology, the country's lobby group for the sector said.
Armadale Capital reported on Tuesday that engineering, procurement, construction and manufacturing company Xinhai Mineral, part of the Chinese Yantai Xinhai group, had been selected to start metallurgical bulk test work as part of the first phase of the front-end engineering design (FEED) studies for the development of the Mahenge graphite project.
Derwent London revealed on Tuesday that director Simon Silver had disposed to 12,170 ordinary shares in the FTSE 250-listed property investment and development business.
Home safety products company FireAngel announced an ‘internet-of-things’ (IoT) rollout partnership with the London Borough of Ealing on Tuesday.
Mineral resource company Keras Resources updated the market on progress at the Nayéga Manganese Mine in Northern Togo on Tuesday, which is wholly owned by its 85%-owned subsidiary Société Générale de Mines (SGM).
Copper-gold exploration and development company Bezant announced initial results for its drilling programmes, as well as positive tenure update news, from the Hope Copper-Gold Project in Namibia on Tuesday.
The FTSE 250 was up 0. 8% at 19,737. 48 in afternoon trade on Tuesday.
US house prices continued rising at a brisk clip in September, according to the results of a closely-followed survey.
Glencore: Jefferies upgrades to buy with a target price of 250p.
Wall Street stocks opened higher on Tuesday after the Trump administration finally signalled its willingness to begin the transition process.
Oil and gas exploration and production company Nostra Terra announced the completion of logging at the Cypress farm-out well at its Pine Mills oil field on Tuesday, adding that the well would now be perforated and completed.
Airlines could lose a total $157bn this year and next, the International Air Transport Association warned on Tuesday.
London’s FTSE 100 was up 1. 3% at 6,418. 31 in afternoon trade on Tuesday.
Chemicals group Treatt said it had performed strongly in an "unprecedented" year as it posted a jump in annual profits.
The AA has extended the deadline for its private equity suitors to make a firm takeover offer, the motoring and insurance group said on Tuesday.
Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news and we may not share the views of the author or publisher. We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.