London stocks edge higher

London stocks edged higher in early trade on Tuesday despite the release of uninspiring UK jobs data and further weakness in the travel and leisure sector.

At 0900 GMT, the FTSE was up 0.4% at 6,666.48.

Spreadex analyst Connor Campbell said the FTSE’s gains were “peculiar” given the grim jobs data and suggested that investors were trying to “force a positive angle on a jobs report that saw redundancies at a record high, and the unemployment rate hit 5% for the first time since mid-2016”.

Jarvis Investment Management Ltd offers a wide range of stockbroking and administration services and solutions. Their parent company, Jarvis Securities plc (LON:JIM) is listed on AIM.

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