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UK & European stocks rose at the open following a positive close on Wall Street, as investors digest the latest comments from US Federal Reserve chair Jerome Powell.
UK postal workers have called off a strike scheduled for later this month after a legal challenge from Royal Mail, the Communication Workers Union (CWU) said today.
UK & European stocks edged up at the open following losses in the previous session.
In corporate news, Germany’s BMW is reportedly in talks with the British government about a £75m grant, which would secure production of electric Minis in the UK.
UK & European markets started the new trading week on a negative note as investors gauge the global economic outlook and efforts to tackle inflation.