RIO News: FTSE 100 higher as UK avoids recession - 31st Mar 2023, 7:22pm

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FTSE higher as UK economy grew slightly and avoided recession. Photo: Toby Melville/Reuters

The FTSE 100 and European stocks were mostly higher this Friday as the UK economy grew by more than first thought in the fourth quarter of 2022.

The FTSE 100 (^FTSE) rose 0.80% to 7,624 points at the open, while the CAC 40 (^FCHI) in Paris climbed 0.10% to 7,270 points. In Germany, the DAX (^GDAXI) was flat at 15,518.

UK avoids recession

Revised figures have confirmed that the UK economy avoided reces...

>>> Read more: FTSE 100 higher as UK avoids recession
 
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