China and ECB lift shares to two-month high
Fri: Britain’s leading index hit a two-month peak today after China cut interest rates and investors anticipated further stimulus from the European Central Bank.
On the way down was William Hill which fell nearly 8% after the bookmaker said it expected full-year operating profit to be near the lower end of analysts’ expectations following a weak third quarter.
Talk Talk was down 4.4% after it suffered a sustained cyber attack and said it had received a ransom demand from an unidentified party claiming responsibility.
Pearson slipped after Exane BNP Paribas downgraded the stock to ‘neutral’ from ‘outperform’ and cut the price target to 1,000p.