FTSE rallies while investors await US inflation
UK stocks traded higher on Wednesday after free-to-air broadcaster ITV (ITV) and retailer Marks & Spencer (MKS) both reported upbeat earnings results.
At midday the FTSE 100 traded 29 points or 0.4% higher at 7,303 points early on, while the FTSE 250 firmed 0.35% to 23,448.93.
China continued to offer evidence of mounting inflationary pressures as factory gate prices saw their biggest ...