SEC chief Harvey Pitt resigns and Search begins to replace Pitt
Surging Wall Street futures, bouyed by the US election results, determined the mood, according to Reuters. By 0833 GMT, the FTSE 100 benchmark index was up 25.7 points or 0.7% at 4,171.8 points, after touching 4,192.4, its highest intraday level in more than two weeks.
‘Dealers said the rise was largely due to a surge in U.S. stock index futures, after investors cheered strong gains for the Republican party in US elections, as well as anticipation of a cut in US interest rates,’ said Reuters.
Bus and train company FirstGroup was a significant early riser.
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars