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FTSE flat as protracted lockdown fears persist, Burberry buoyed by impressive China bounce back

UK stocks were broadly flat on Wednesday, the FTSE 100 edging a mere 0.12% higher to 6,720.85 early on, as soaring Covid-19 cases stoked fears that Britain’s third nationwide lockdown won’t be ending any time soon, thus tempering US stimulus hopes. Oil prices rose thanks to the weaker dollar and expectations the incoming administration across the pond will deliver massive stimulus spending ...

FTSE gains ground on retail sales beat and Brexit hopes, software group Sage slumps

Despite vaccine optimism being counteracted by concerns over the economic impact of Covid-19 lockdowns, the FTSE 100 gained ground on Friday as UK retail sales beat expectations for October and briefings suggested a Brexit deal is gradually moving closer. By midday, the blue chip benchmark was up 0.5% to 6,366.15, with US futures markets suggesting a mixed open on Wall Street later as concerns ...
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