UK shares started the week on a positive note on rising bets that the U.S. Federal Reserve will start cutting rates as early as March, although downbeat corporate earnings forecasts capped gains.
Both the blue-chip FTSE 100 (.FTSE) and the mid-cap FTSE 250 index (.FTMC) climbed 0.2%, as of 0810 GMT.
Oil and gas (.FTNMX601010) shares added 0.7% on higher crude prices as traders watched for supply disruption risks in the Middle East.
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