Rolls-Royce shares are flying after the new boss of the engines giant posted better-than-expected results and said he would conduct a strategic review as part of efforts to turn around the business.
Shares were as much as 19% higher at one point during a busy session for annual results, with BAE Systems, WPP and Anglo American among other blue-chip companies reporting today.
US recession fears have slowed the momentum of the FTSE 100 index, however, while Brent crude is back near $80 a barrel today.
