UK shares climb as oil prices ease ahead of Fed decision
London stocks rose as falling oil prices eased concerns ahead of the Fed rate decision. Strong earnings from Diploma and Softcat also supported the market.
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London shares extended their gains on Wednesday as a retreat in oil prices offered relief to global markets, while investors turned their attention toward the upcoming interest rate decision from the United States. The United Kingdom blue-chip FTSE 100 rose 0.3%, marking its third consecutive session of growth, while the mid-cap FTSE 250 climbed 1%.
