India, July 3 -- U.K. stocks are up in positive territory on Thursday amid easing political concerns after the nation's Prime Minister Keir Starmer publicly backed Chancellor Rachel Reeves.
The reassurance from Starmer that Reeve would remain Chancellor "many years to come" has helped lift investor sentiment.
The benchmark FTSE 100 was up 42.98 points or 0.49% at 8,817.67 a few minutes ago.
Coca-Cola HBC, Convatec Group, Croda International, Pershing Square Holdings and Berkeley Group Holdings are up 2.2 to 2.7%.
SSE, Lloyds Banking Group, Airtel Africa, Standard Chartered, Intermediate Capital Group, Whitbread, Natwest Group, Hiscox, Weir Group, Next, Fresnillo, British American Tobacco and Fresnillo are also notably higher.
Murray In...