This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.bbc.co.uk/news/business-41981049

The article has changed 4 times. There is an RSS feed of changes available.

Version 0 Version 1
FTSE 100 buoyed by Tesco and Vodafone Pound slips on inflation figures
(about 4 hours later)
The UK stock market rose in early trade, lifted by strong results from Vodafone and the clearance of Tesco's takeover of wholesaler Booker. Sterling edged lower after UK inflation remained unchanged on October, confounding expectations of a rise.
The benchmark FTSE 100 share index was up 11.96 points at 7,427.14, with Tesco the biggest riser on the index. CPI inflation held steady at 3% last month, the Office for National Statistics said, whereas analysts had expected it to rise to 3.1%.
Tesco shares jumped more than 5% after the competition regulator provisionally cleared its £3.7bn bid for Booker. Shortly after midday, the pound was down 0.1% against the dollar at $1.3104, and 0.6% lower against the euro at €1.1175.
Vodafone was another strong performer, up 4.6%, after it raised its profit growth forecast. The FTSE 100 share index was up 4.82 points at 7,420.
Tesco was the biggest riser on the index, up 5.8% after the competition regulator provisionally cleared its £3.7bn bid for Booker.
Vodafone was another strong performer, up 4.8%, after it raised its profit growth forecast.
The mobile giant said it now expected its full-year earnings to grow by about 10%, compared with a previous target of between 4% and 8%.The mobile giant said it now expected its full-year earnings to grow by about 10%, compared with a previous target of between 4% and 8%.
Its forecast came as the company reported a 13% in half-year underlying earnings to €7.4bn (£6.6bn), which beat analysts' forecasts.Its forecast came as the company reported a 13% in half-year underlying earnings to €7.4bn (£6.6bn), which beat analysts' forecasts.
Group chief executive Vittorio Colao said: "Revenue grew organically in the majority of our markets driven by mobile data and our continued success as Europe's fastest growing broadband provider."Group chief executive Vittorio Colao said: "Revenue grew organically in the majority of our markets driven by mobile data and our continued success as Europe's fastest growing broadband provider."
On the currency markets, the pound was unchanged against the dollar at $1.3116, but fell 0.4% against the euro to €1.1204.