The FTSE 100 has continued positively on from one of its best trading sessions in recent times.
The blue-chip index is edging closer to a one-year high, having closed at an 11-month peak, after the Bank of England restored confidence regarding upcoming interest rate cuts.
In equities, Phoenix Group, the pension firm, soared higher after it revealed it had swung from a full-year loss in 2022 to a pre-tax profit of £20 million in the most recent financial year.
JD Wetherspoon sunk despite both revenues and profits ticking higher in its interims. Boss Tim Martin highlighted fears about further Covid lockdowns, but said the pub group still anticipates a reasonable outcome for the rest of the financial year.
Finally, tissue manufacturer Accrol revealed it would be joining the swarm of companies leaving the London Stock Exchange as its set to be bought for more than £127 million.
