Retail sales jumped last month, as shoppers sought out purchases ranging from watches to furniture, industry data showed on Tuesday.
Tuesday's economic calendar is light.
Wall Street stocks were mostly lower at the end of trading on Monday as traders awaited more earnings reports scheduled for later in the week.
German scientists have shown that the human immune system creates an abundant amount of high quality antibodies capable of neutralising Omicron once it has encountered the virus's spike protein three times.
Stocks on the Continent finished the session on a mixed note amid rising bets for interest rate moves from central banks that weighed on equities in the periphery.
London stocks managed a positive finish on Monday, having taken their opening cue from a solid session on Wall Street on Friday, as investors continued to mull the Bank of England’s latest rate hike.
Ladbrokes owner Entain said on Monday that it has bought Canada’s Avid Gaming for CAD300m (£174m) from Middlebrook Investments Limited.
S&P Global Ratings revised its outlook for EasyJet's long-term credit rating from 'negative' to 'stable' on expectations that European airline traffic was set to continue recovering over the course of 2022.
London’s FTSE 250 index was up 0. 6% at 21,843. 62 in afternoon trade on Monday, with no obvious rhyme or reason for any of the top movers in either direction.
Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350. 0p to 2,375. 0p on Monday, stating the firm was "on a roll".
Meta threatened to pull Facebook and Instagram from Europe if Brussels blocked its ability to send user data to the US.
Litigation Capital Management disclosed a share purchase made by its chairman on Monday, worth more than £0. 54m.
Wall Street stocks registered some early gains on Monday as traders awaited more earnings reports scheduled for later in the week.
Vehicle maker Stellantis stopped production for a day on Monday at its Sevel van assembly plant in Italy, due to a shortage of engines supplied by a group factory in France, according to a union representative cited by European media.
London’s FTSE 100 was up 0. 7% at 7,572. 09 in afternoon trade on Monday.
British house prices are expected to slow “considerably” over the next 12 months as households face a cost-of-living squeeze, mortgage lender Halifax said on Monday.
The European Union is in discussions with the US and other potential suppliers about securing more gas deliveries to Europe in the face of “growing evidence” Russia is using exports as political leverage, said EU Commission President Ursula von der Leyen.
Low-cost US airlines Spirit Airlines and Frontier Group have agreed to merge in a $6. 6bn cash and share deal.
Newsquest is understood it be in exclusive takeover talks with regional newspaper giant Archant, it was reported on Monday.
Workspace software and technology company Essensys announced the appointment of James Lowery as chief executive officer of its UK and European business on Monday, effective immediately.
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