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Evening Standard
Evening Standard
Jeremy Cutler

UK mid-caps outperform in calm post-Budget trade

Budget United Kingdom Chris Beauchamp IG Evoke ISAS Lloyds Banking Group
The Budget continued to provoke debate with analysts welcoming the increased fiscal headroom delivered by the Chancellor but suggesting important questions remain unanswered (Yui Mok/PA) - (PA Archive)

The FTSE 100 paused for breath on Thursday after the drama of Wednesday’s Budget as US markets shut for Thanksgiving.

“UK assets continue to hold up well in the wake of the budget,” said IG analyst Chris Beauchamp, adding that “the day has been one of drift for global indices without US liquidity, but the rebound from last week’s lows remains intact”.

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