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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 ...

FTSE finishes higher despite US election uncertainty, Marks & Spencer rallies on ‘robust’ first half

London’s blue chip benchmark ended Wednesday’s session in positive territory despite the result of the US election hanging in the balance, with postal ballots still being counted. A change at the White House is still on the cards, despite Donald Trump’s victory claim, but not before a possible wave of recounts and legal spats. Today’s gains also reflected the fact that a Joe Biden ...
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