Shop prices eased in January, industry data showed on Wednesday, fuelled by the post-Christmas sales and national lockdown.
Cyclicals paced the advance on Tuesday helped by news that Democrats in the US were willing to go it alone on approving further fiscal stimulus if needed through recourse to so-called 'budget reconciliation'.
The head of the United Nations warned that it was in the self-interest of countries in the Northern Hemisphere to help those in the South to access vaccines.
Wall Street stocks closed lower on Tuesday amid a busy day for corporate earnings.
European shares rebounded on Tuesday as investors shrugged off concerns over tighter coronavirus travel restrictions and the slower pace of vaccine rollouts across the Continent.
Financial markets are likely to be in a holding pattern on Wednesday, as investors wait on the results of the Federal Reserve's policy meeting after the close of trading in London.
London stocks finished in the green on Tuesday, despite the release of uninspiring jobs and retail sales data, as investors focussed on the latest growth forecast from the International Monetary Fund.
Responding to press speculation about a possible equity raising, JD Sports Fashion said on Tuesday that there was no further relevant information to disclose.
Asset manager BlackRock is threatening to sell its shares in the worst corporate polluters as it pledges to support the goal of net zero carbon dioxide emissions by 2050.
Regeneron Pharmaceuticals antibody cocktail severely curtails Covid-19 symptoms and infections, the results of a late-stage trial showed.
Analysts at Berenberg hiked their target price on aerospace and defence outfit Senior from 50. 0p to 85. 0p on Tuesday but noted that although the group was "on steadier footing", its recovery path still remained "unclear".
Johnson&Johnson expects the results of the eagerly awaited late-stage clinical trial results for its Covid-19 vaccine candidate early during the following.
Corporate sector gas, electricity and water provider Yu Group updated the market on 2020 on Tuesday, reporting that revenue was “significantly ahead” of market expectation at over £100m.
Global digital performance publisher XLMedia updated the market on its trading for 2020 on Tuesday, reporting that for the full year, it was expecting to deliver revenue of about $54. 5m (£39. 85m), up from $27. 7m year-on-year.
Energy data and software company Getech announced the signing of two exclusive strategic partnerships on Tuesday.
D4t4 Solutions revealed on Tuesday that chief operating officer Mark Boxall had sold 130,552 ordinary shares in the AIM-listed data company.
London’s FTSE 250 was up 0. 5% at 20,444. 12 in afternoon trade on Tuesday.
Consumer sentiment in the US was buoyed by gains in the stock market and federal stimulus checks at the start of 2020.
Wall Street stocks were higher at the opening bell on Tuesday amid a busy day for corporate earnings.
The Federal Housing Finance Agency's national House Price Index notched up a month-on-month rise of 1. 0%, which pushed the year-on-year rate of increase to 11. 0% (consensus: 10. 4%).
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