The Nasdaq’s slide into “correction” territory after falling 10% since November today failed to unsettle the FTSE 100 index.
London’s top flight remains near a two-year high after Asia markets rallied on the back of China cutting another two key lending rates.
Unilever shares have rallied after it revealed yesterday that it will not raise its £50 billion offer for GlaxoSmithKline's consumer healthcare arm. There are also trading updates from Primark owner Associated British Foods and fashion chain Superdry.
