positive
1h agoUK stock market gains amid US shutdown optimism and Diageo CEO change
London’s FTSE 100 climbed 1 % on 10 November, driven by optimism that the US government shutdown could be resolved and by a surge in shares of Diageo, which jumped 7.2 % after appointing former Tesco executive Dave Lewis as CEO. The FTSE 250 also rose 1.1 %. Market participants pointed to renewed confidence, but noted UK markets still face macro headwinds including inflation and rate-cut uncertainty.
Commodity and mining stocks added support amid rising gold and copper prices.
Discvr• By Pooja Kumari
Explore:Mutual Fund Screening
positive
1h agoUK stock market gains amid US shutdown optimism and Diageo CEO change
London’s FTSE 100 climbed 1 % on 10 November, driven by optimism that the US government shutdown could be resolved and by a surge in shares of Diageo, which jumped 7.2 % after appointing former Tesco executive Dave Lewis as CEO. The FTSE 250 also rose 1.1 %. Market participants pointed to renewed confidence, but noted UK markets still face macro headwinds including inflation and rate-cut uncertainty.
Commodity and mining stocks added support amid rising gold and copper prices.
Discvr• By Pooja Kumari
Explore:Mutual Fund Screening
about 2 hours ago
1 min read
78 words
UK markets rose around 1% on 10 November, driven by US shutdown hopes and Diageo’s 7.2% share jump after the CEO appointment.
London’s FTSE 100 climbed 1 % on 10 November, driven by optimism that the US government shutdown could be resolved and by a surge in shares of Diageo, which jumped 7.2 % after appointing former Tesco executive Dave Lewis as CEO. The FTSE 250 also rose 1.1 %. Market participants pointed to renewed confidence, but noted UK markets still face macro headwinds including inflation and rate-cut uncertainty.
Commodity and mining stocks added support amid rising gold and copper prices.
London’s FTSE 100 climbed 1 % on 10 November, driven by optimism that the US government shutdown could be resolved and by a surge in shares of Diageo, which jumped 7.2 % after appointing former Tesco executive Dave Lewis as CEO. The FTSE 250 also rose 1.1 %. Market participants pointed to renewed confidence, but noted UK markets still face macro headwinds including inflation and rate-cut uncertainty.
Commodity and mining stocks added support amid rising gold and copper prices.
Companies:
Diageo
Tags:
markets
UK equities
markets
UK equities
Diageo
FTSE100
US shutdown
Nov 11, 2025 • 06:33 IST