London stocks rise on strong earnings; eyes on upcoming BoE rate decision
Published on: Aug. 5, 2025, 3:42 p.m. | Source: Devdiscourse
Diageo climbed 6.6% and was among the top gainers in the FTSE 100, after the world's largest spirits maker forecast stable 2026 sales despite tariff impacts and upped its cost-savings target. The medical equipment and services subindex led sectoral gains, up 11.1%, reaching its highest since November 2021, after Smith+Nephew's rise in first-half profit and announcement of a new $500 million share buyback.
