UK stocks bounced strongly on Wednesday after hitting a new five-month low the previous day as investors continued to digest the latest news flow from Greece, after Athens became the first developed economy to default on a debt repayment to the IMF. The FTSE 100, which settled at its lowest since 12
Read moreLondon markets were buoyed by strength in the travel and banking sectors, which offset weakness in mining and oil stocks. As of 14:30 BST, the FTSE 100 was trading 1.5% higher at 6,617. Travel and leisure stocks including Easyjet, IAG, TUI and IHG rebounded after a recent sell-off. The sector had b
Read moreDecent gains in the banking and travel sectors gave UK stocks a boost on Wednesday as sentiment was buoyed by hopes of a possible bailout deal in Greece. According to reports, Greek Prime Minister Alexis Tsipras will accept all his creditors' bailout conditions that were on the table last weekend, w
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