UK's FTSE 100 slipped on Wednesday as a stronger pound weighed on the exporters, while midcap stocks climbed as France agreed to lift a ban on freight from Britain imposed to contain a new coronavirus variant, Reuters reports. The blue-chip FTSE 100 fell by 0.2 percent, underperforming its European peers that rebounded from a sell-off on fears about the highly infectious coronavirus variant in Britain. Domestically focused mid-cap FTSE 250 inched higher as a deal was reached with Paris to restore critical trade links between UK and other parts of Europe, ending a border blockade imposed to contain the new coronavirus strain.

Source: The Standard December 23, 2020 08:37 UTC