(Reuters) – British stock indexes were mixed on Thursday, as positive corporate results were offset by concerns around U.S. trade policies.
The benchmark FTSE 100 was up 0.4% at 1100 GMT. The midcap FTSE 250 was down 0.2%.
The export-heavy blue-chip index held on to gains from Wednesday on positive Ukraine-Russia developments, and as sterling edged lower against the dollar.
However, worries about the impact of U.S. trade policy continued. Britain refrained from immediate retaliation after U.S. President Donald Trump imposed tariffs on steel and aluminium imports on Wednesday, but Prime Minister Keir Starmer said all options remained open.
Meanwhile, a survey showed that Britain’s housing market had its slowest month in more than a year in February as a rush by buyers to close deals ahead of the expiry of a tax break ran out of steam. Further softening was expected in the…
