Business · 24 July 2026

London's FTSE 100 index climbs after HSBC sells its Singapore insurance business

The $2.1 billion agreement helped push the London stock market up by 0.3% to 10,674.68 points on Friday. Oil prices actually fell, despite Donald Trump promising "major military punishment" against Iranian and Houthi forces for attacking Saudi tankers. Meanwhile, official data showed sunny weather and the football World Cup helped UK retail spending unexpectedly increase during June.

By BriefTea Editorial · 24 July 2026 at 13:23

Reported by Reuters · How we write briefs

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