UK Stock Market Today: FTSE 100 rises after retail sales shock as Burberry jumps
FTSE 100 rose 0.5% in late morning trade after UK retail sales jumped 1.8% in January, beating forecasts. Anglo American reported a $3.7 billion loss after another De Beers writedown. The S&P Global UK Composite PMI climbed to 53.9, its highest since April 2024. Burberry led early gainers; BP and Shell lagged as oil prices eased.