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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Ermotti back at UBS, mortgage approvals up, financiers fear ‘high impact’ event, shares rise

London’s FTSE 100 made a steady start, with investors in cautious mood after US tech stocks stood out overnight during a fall for Wall Street markets.

Consumer credit data for February will test improving sentiment toward banks and will also resonate in the housebuilding sector, via insight into demand for mortgages in the UK.

Shared in fashion brand Next are lower after it pointed to lower profits in the current financial year.

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