FTSE 100 Live: Stocks to gain; oil steadies as Democrats push to end Iran war
Welcome back to City AM‘s FTSE 100 live blog. It’s Wednesday morning and UK stocks are set to gain, the day after hotter-than expected US inflation figures knocked investor sentiment to wipe out London’s earlier rallies on Tuesday. Brent crude prices are rising slightly this morning though they still remain near ten-week lows. In the [...]
Good morning from City AM's FTSE 100 live blog. As UK stocks are expected to rise after Wednesday, London's Friday rally fizzled due to stronger-than-anticipated US inflation data. Oil prices are inching up, yet they remain close to their ten-week minimum. Meanwhile, in the US, Democrats are pushing for the end of the conflict in Iran, although they were unsuccessful in impeaching defense secretary Pete Hegseth.
Stay tuned for the most recent economic and business news updates. Here are some of our top stories this morning: The Bank of England is urged to raise interest rates from four to five percent. Easyjet anticipates success in a shareholder vote. WH Smith faces pressure to navigate a turnaround and deter short-sellers. Weil partners have given the green light to close a legal firm after almost a century. This liveblog session has concluded. No further updates are expected at this time.
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