Signage is seen outside the entrance of the London Stock Exchange in London, Britain. Aug 23, 2018. REUTERS/Peter Nicholls
British shares rose on Friday, helped by gains in heavyweight financial and consumer staples stocks, while Sanne Group topped the mid-cap index after rejecting a $1.90 billion buyout proposal.
The blue-chip index (.FTSE) rose 0.7%, with software company Sage Group (SGE.L) adding 3% after reporting a better-than-expected 4.4% rise in first-half organic recurring revenue and forecasting growth for the year to be toward the top end of its 3% to 5% range.
