LONDON: UK stocks climbed in early trade on Tuesday. Britain’s FTSE 100 index added 6 points or up 0.1 percent.
The UK blue chip index closed 0.1 percent lower at 6,940.64 points in the previous session after setting a new record high.
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BARCLAYS – The bank is expected to set aside more money for potential foreign exchange fines and to add to its compensation tab for UK customer mis-selling, eating into an expected slim rise in profits.
STANDARD CHARTERED – The bank will shrink its bonus pool for 2014 by about 9 percent to around 715 million pounds ($1.1 billion), Sky News reported late on Monday, citing a person familiar with the matter.
Brent crude futures rose above $60 a barrel on Tuesday, after a sharp drop in the previous session on record U.S. stocks, as firm Asian markets supported prices.
London copper slipped on Tuesday from a seven-week peak hit in the previous session as expectations of rising U.S. interest rates pushed up the dollar and flattened commodity prices.
