UK equity markets rally as Donald Trump softens Greenland stance and Ukraine peace talks begin

UK shares rose yesterday as geopolitical tensions eased regarding Greenland and Ukraine. The FTSE 250 reached a four-year high amid a broader market rally.

Insights:
UK equity markets in the United Kingdom GBGBclosed higher on January 22, 2026, as the FTSE 250 jumped 1.3 percent to reach its highest level in four years. The surge followed a period where geopolitical concerns had pressured the index earlier in the week. Positive developments emerged as President Donald Trump donald trumpsoftened his position on Greenland and optimism grew regarding a trilateral meeting to discuss peace in Ukraine UAUA.
Financial markets data and information are displayed on a screen inside the LSEG (London Stock Exchange Group) headquarters in Paternoster Square, London, Britain, April 25, 2025. REUTERS/Toby Melville
Financial markets data and information are displayed on a screen inside the LSEG (London Stock Exchange Group) headquarters in Paternoster Square, London, Britain, April 25, 2025. REUTERS/Toby Melville
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