UK's equity benchmark FTSE 100 moved higher on Thursday, outperforming other major markets in Europe, thanks to strong gains in the mining sectors. Investors also reacted to a slew of corporate earnings updates and looked ahead to the Bank of England's monetary policy announcement.
The BoE is widely expected to hold interest rates but is likely to hike rates later on in the year.
The FTSE 100 was up 103.84 points or 1.02% at 10,316.95 a little while ago.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.