UK stocks rose, led by drugmakers and drinks companies after the Bank of England said the British ec...
UK stocks rose, led by drugmakers and drinks companies after the Bank of England said the British economy will expand less than previously forecast. The Footsie closed at 5884.00, up 41.10p. Diageo Plc, GlaxoSmithKline Plc and AstraZeneca Plc climbed as investors sought companies regarded as steady profit generators. Safeway rose after the UK's number four supermarket chain said its fiscal second-half profit rose 75%. Anglo American Plc climbed on investor confidence that the top mining company's joint bid for De Beers will succeed Friday. US stocks rallied, sending the Dow Jones ...
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