Retail and hospitality groups have called on the Chancellor to freeze business rates, warning on Thursday that inaction could prove "disastrous" for the UK’s high streets.
Miners and banks paced gains on Wednesday helped by better-than-expected out in China and the UK.
US stock markets closed with slight gains on Wednesday, driven by growing investor optimism that the era of rate hikes may be drawing to a close.
Investors' attention on Thursday will be trained on the U. S. where raft of economic indicators were due out.
Oxford Instruments's chairman Neil Carson bought shares of the company on the day of its interim results presentation.
London markets closed positively on Wednesday after a larger-than-anticipated decline in UK inflation sparked optimism about potential interest rate cuts.
European stock indices put in decent gains on Wednesday, finishing at a two-month high as investors shrugged off weaker-than-expected domestic data to focus on cooling inflation in the US and UK.
Ocado shares shot higher on Wednesday after it announced a deal to provide fulfilment technology to healthcare provider McKesson Canada.
London’s FTSE 250 was 1% higher at 18,720. 09 in afternoon trade on Wednesday.
US stocks were making further gains on Wednesday as investors continued to show optimism that rate hikes might be over, as both consumer and producer price inflation slowed more than expected in October.
St James’s Place rallied on Wednesday after the wealth manager defended a decision not to cut share awards for top bosses last year despite a drop in its share price.
London’s FTSE 100 was up 0. 7% at 7,491. 17 in afternoon trade on Wednesday.
Alstom tumbled on Wednesday as it said it was considering a range of options to accelerate its deleveraging, including asset disposals, a capital increase and job cuts.
Tanzania-focussed helium explorer Helium One Global updated the market on its Tai-3 operations on Wednesday, highlighting significant progress and plans.
Aurrigo International tanked on Wednesday after the AIM-listed provider of transport technology solutions announced plans to raise £3. 5m in a discounted placing.
Wholesale prices in the States fell by more than anticipated in October.
Residential construction and development company Watkin Jones announced the appointment of Alex Pease as its chief executive officer on Wednesday, with immediate effect.
Consumer outlays in America held up better than expected last month.
Learning and skills specialist Malvern International announced the appointment of Stephen Harvey as its chief development officer on Wednesday.
Factory sector activity improved in the Empire State during the month of November, the results of a survey showed.
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