Financials send FTSE 100 higher

clock

The FTSE 100 once again headed higher this morning after closing ahead on Monday for the 11th consecutive session.

Led by Lloyds Banking Group, the index added 13.7 points, or 0.3%, to trade at 4,599.8 in opening exchanges. Shares in Lloyds, which was formed from the Government-backed merger of Lloyds TSB and Halifax Bank of Scotland, gained 3% to 86p on hopes for an upbeat half-year earnings report due later this week. Business software firm Sage Group advanced 3.6% after reporting that trading was in line with expectations for the nine months to the end of June, while publishing group Pearson added 2.4%, extending its Monday rally. On the downside, gold mining group Randgold Resources lost al...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

OBR independence 'a major advantage' for UK economy

OBR independence 'a major advantage' for UK economy

Treasury Committee hearing

Alex Sebastian
clock 20 May 2026 • 4 min read
Bank of England warns of future rate uncertainty after vote to hold at 3.75%

Bank of England warns of future rate uncertainty after vote to hold at 3.75%

One vote to hike rates

Michael Nelson
clock 30 April 2026 • 2 min read
Navigating an uncertain environment: Applying a disciplined, data-driven approach

Navigating an uncertain environment: Applying a disciplined, data-driven approach

'​Looking ahead, the fundamental case remains constructive'

Fahad Hassan
clock 28 April 2026 • 2 min read