FTSE 100 moves higher after UK economy rebounds in August
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy London’s top stock index has moved higher after official figures showed the UK economy bounced back in August, further dampening fears of an impending recession. Energy stocks and pharmaceutical giants have helped lift the FTSE 100, bucking the trend across European markets which faced a lacklustre day of trading. Meanwhile, the mood among global investors was dampened after new data from the US showed Consumer Prices Index inflation was higher than expected in September.