London stocks gain ahead of spending review, US data
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 11 2025
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Source: Reuters
Market Performance: London's FTSE 100 index rose by 0.1% nearing an all-time high, driven by gains in homebuilders and household goods stocks ahead of a significant public spending review by Finance Minister Rachel Reeves.
Trade Developments: Investors are closely monitoring U.S. inflation data and a recent agreement between the U.S. and China to potentially ease trade tensions, while Ibstock shares fell sharply due to a negative earnings outlook, contrasting with a significant rise in Ricardo shares following an acquisition announcement.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
