May’s fight for Brexit deal supports markets

May’s fight for Brexit deal supports markets

The FTSE 100 was 0.419pc higher, supported by mining stocks, as UK Prime Minister Theresa May continued to fight her support for her Brexit deal.

International benchmark Brent crude was up to $67.00 this morning, rising for the fourth consecutive day, buoyed by expectations that Saudi Arabia will encourage OPEC and Russia to cut supplies by the end of the year.

Sterling rose 0.2pc against the dollar at $1.2865 as Theresa May fought to win support for her Brexit deal, which previously came under attack from many in the ruling Conservative Party.

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