India, May 9 -- U.K. stocks are up on Friday, supported by some strong earnings updates, and continued optimism about trade deals.
U.S. President Donald Trump said on Thursday that the meetings with China on trade and economic issues could be "very substantive" and lead to tariff reductions.
Investors now look ahead to discussions between the U.S. and China scheduled for this weekend.
U.S. Commerce Secretary Howard Lutnick told CNBC that dozens of trade deals will be rolled over the next month, but a 10% tariff imposed on most countries will likely stay.
Meanwhile, a day after the U.K. announced a historic deal with the U.S., BoE Governor Andrew Bailey told the BBC that Britain needs to rebuild its trading relationship with the European...